Shown below are comparative balance sheets for Teal Mountain Company.

Teal Mountain Company Comparative Balance Sheets December 31
Assets		2022			2021
Cash		$ 149,600			$ 48,400
Accounts receivable		193,600			167,200
Inventory		367,400			415,800
Land		176,000			220,000
Equipment		572,000			440,000
Accumulated depreciationequipment		(145,200	)		(70,400	)
Total		$1,313,400			$1,221,000
Liabilities and Stockholders Equity
Accounts payable		$ 85,800			$ 94,600
Bonds payable		330,000			440,000
Common stock ($1 par)		475,200			382,800
Retained earnings		422,400			303,600
Total		$1,313,400			$1,221,000

Additional information:

1.		Net income for 2022 was $204,600.
2.		Depreciation expense was $74,800.
3.		Cash dividends of $85,800 were declared and paid.
4.		Bonds payable amounting to $110,000 were redeemed for cash $110,000.
5.		Common stock was issued for $92,400 cash.
6.		No equipment was sold during 2022.
7.		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. -45,000, or in parenthesis e.g. (45,000)).