statement of cash flows- indirect method

help with what is outlined in red.

Sheffield Corp. Comparative Balance Sheets December 31 Assets 2022 2021 Change Increase/Decrease Cash $147,500 $90,000 $57,500 Increase Accounts receivable 155,000 55,000 100,000 Increase Inventory 110,000 -0- 110,000 Increase Prepaid expenses 15,000 10,000 5,000 Increase Land Buildings 137,500 500,000 (52,500) 457,500 (70,000) 175,000 500,000 (35,000) 170,000 Accumulated depreciation-buildings 37,500 Decrease -O- 17,500 Increase 287,500 Increase 45,000 Increase Equipment Accumulated depreciation-equipment (25,000 Totals $1,400,000 $940,000 Liabilities and Stockholders' Equity Accounts payable $107,500 $100,000 $7,500 Increase Accrued expenses payable 0 Bonds payable 250,000 575,000 467,500 $1,400,000 Common stock ($1 par) 25,000 375,000 150,000 290,000 $940,000 25,000 Decrease 125,000 Decrease 425,000 Increase 177,500 Increase Retained earnings Totals Sheffield Corp. Income Statement For the Year Ended December 31, 2022 Sales revenue $2,352,500 Cost of goods sold $1,187,500 Operating expenses 577,500 Interest expense 30,000 Loss on disposal of equipment 5,000 1,800,000 Income before income taxes 552,500 Income tax expense 162,500 Net income $390,000 Additional information: 1. Operating expenses include depreciation expense of $100,000. 2. Land was sold at its book value for cash. 3. Cash dividends of $212,500 were declared and paid in 2022. 4. Equipment with a cost of $415,000 was purchased for cash. Equipment with a cost of $127,500 and a book value of $90,000 was sold for $85,000 cash. 5. Bonds of $125,000 were redeemed at their face value for cash. 6. Common stock ($1 par) of $425,000 was issued for cash. Use this information to 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)) Sheffield Corp. Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 - Cash Flows from Operating Activities Net Income 390,000 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense 100,000 Increase in Accounts Receivable 155000 Increase in Inventory 110000 Increase in Prepaid Expenses 15000 Increase in Accounts Payable 7500 Decrease in Accrued Expenses Payable (25000) Loss on Disposal of Equipment (5000) 425000 Net Cash Provided by Operating Activities. 815000 Cash Flows from Investing Activities Sale of Land 137500 Sale of Equipment 85000 Purchase of Equipment 415000 Net Cash used by Investing Activities 367500 Cash Flows from Financing Activities Sale of Common Stock 425000 Redemption of Bonds 250000 Payment of Dividends 212500 Net Cash Provided by Financing Activities 887500 Net Increase in Cash 1255000 Cash at Beginning of Period 147500 Cash at End of Period 1402500