Prepare a statement of cash flows for $2022$ using the indirect method. $($Show amounts that decrease cash flow with either a $-$ sign e$.$g$.$

$-15,000,$ or in parenthesis e$.$g$.(15,000).)$

SUNLAND Company

Statement of Cash Flows

For the Year Ended December $31,2022$

Adjustments to reconcile net income to

$The following are comparative balance sheets for Sunland Company.

Additional information:

Net income for $2022$ was $$104,300.$

Depreciation expense was $$32,300.$

Cash dividends of $$46,300$ were declared and paid.

Bonds payable with a carrying value of $$54,200$ were redeemed for $$54,200$ cash.

Common stock was issued at par for $$44,300$ cash.

No equipment was sold during $2022.$

Land was sold for its book value.

Prepare a statement of cash flows for $2022$ using the indirect method. $($Show amounts that decrease cash flow with either a $-$ sign e$.$g$.$

$-15,000,$ or in parenthesis e$.$g$.(15,000).$