PRINTER VERSION BACK CALCULATOR Exercise 12-08 The following information is available for Ivanhoe Company for the year ended December 31, 2022. Beginning cash balance Accounts payable increase Depreciation expense Accounts receivable decrease Inventory decrease Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable decrease Cash used to purchase land Cash used to redeem bonds Cash received from issuing stock $ 42,000 9,975 71,750 8,400 5,425 100,100 182,000 66,500 6,825 141,750 115,500 280,000 Prepare a statement of cash flows 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).) Ivanhoe Company Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to CALCULATOR PRINTER VERSION BAC Ivanhoe Company Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to