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).)

Kingbird, Inc's comparative balance sheets are presented below. Kingbird, Inc. Comparative Balance Sheets December 31 2022 2021 Cash $ 15,100 $10,300 Accounts receivable 21,700 23,900 Land 20.200 26,300 Buildings 70,300 70,300 Accumulated depreciation-buildings (14,600) (10,000) Total $112,700 $120,800 $ 12,700 $31,600 Accounts payable Common stock Retained earnings 74,400 70,300 25,600 18,900 Total $112,700 $120.800 Additional information: 1. 2. 3. Net income was $23,000. Dividends declared and paid were $16,300. No noncash investing and financing activities occurred during 2022. The land was sold for cash of $4,500. Kingbird, Inc Statement of Cash Flows Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Actlvitles Net Income $ Adjustments to reconcile net income to Net Cash Provided by Operating Actlyitles Depreciation Expense Loss on Disposal of Plant Assets DOW Decrease in Accounts Recevable Decrease in Accounts Payable Net Cash Provided by Operating Activitles Cash Flows from Investing Activities Sale of Land Cash Flows from Investing Activities Cash Flows from Financing Activitles Payment of Dividends Issuance of Common Stock Net Cash Used by Financing Activities Net Increase in Cash DONC Cash at Beginning of Perlod Cash at End of Period $