prepare a statement of cashflows using the indifect method.

Current Attempt in Progress - Your answer is partially correct The following information is available for Stamos Corporation for the year ended December 31, 2022. Beginning cash balance Accounts payable decrease $ 45,000 3.700 Depreciation expense 162,000 Accounts receivable increase Inventory increase 8,200 11,000 284,100 35,000 Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable increase Cash used to purchase building 12.000 4,700 289.000 Cash used to purchase treasury stock Cash received from issuing bonds 26,000 200,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a signes. -1 parenthesises.(15,000)) Prepare a statement or cash using the indirect metnogramowOMOUNTS parenthesis eg. (15,000) wat decrease can now whether a signe Stamos Corporation Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income $ Adjustments to reconcile net income to 284.100 Cash Flows from Operating Activities Depreciation Expense $ 162.000 Increase in Accounts Receivable 8.200 Increase in Inventory 11.000 Decrease in Accounts Payable 3.700 Increase in Income Taxes Payable y 4.700 143,800 Net Cash Provided by Operating Activities 427,900 Cash Flows from Net Cash Provided by Operating Activities 427.900 Cash Flows from Investing Activities Sale of Land 35,000 Purchase of Building 289,000 Net Cash used by Investing Activities 254 000 Cash Flows from Financing Activities Issuance of Bonds 200.000 Payment of Dividend 12000 Purchase of Treasury Stock 28,000 Net Cash used by Financing Activities 160.000 Net Increase in Cash 333 900 Cash at Beginning of Period 5,000 Cash at End of Period 378.900