Question 6 ccounting Updates View Policies Current Attempt in Progress Ences The following information is available for Novak Corp. for the year ended December 31, 2022. rations LUS Support Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds $67,500 5,550 243,000 12,300 16,500 426,150 52,500 18,000 7,050 433,500 39.000 300,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a signe (15,000).) Novak Corp. Statement of Cash Flows-Indirect Method