Prepare a cash flow statement for 2022, based on the comparative balance sheet and additional information presented below. Use the indirect method. Show all work.

Assets	12/31/22	1/1/22	Difference
Cash	300	240	60
A/R	340	260	80
Inventory	250	165	85
Pre-paid Insurance	6	10	(4)
Equipment	1300	1000	300
Accumulated Depreciation	(120)	(90)	30
Total Assets	$2,076	$1,585
Liabilities and Equity
A/P	281	355	(74)
Accrued Expense Payable	35	15	20
Bonds Payable	300	180	120
Common Stock	260	210	50
PICEP/APIC	600	325	275
Retained Earnings	600	500	100
Total Liabilities and Equity	$2,076	$1,585

ADDITIONAL INFO:

1. 2022 net income was $147.
2. Equipment with a cost of $80 and a NBV of $55 was sold for cash at a $15 loss.
3. Equipment was purchased for cash.
4. All dividends were paid in cash.

PLEASE BE VERY, VERY CLEAR IN HOW TO DO THIS STEP BY STEP. I REALLY NEED HELP UNDERSTANDING THIS. THANKS!!!