The following information is available for Sage Hill Corporation for the year ended December 31, 2022. Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase Net income Cash received for sale of land at book value Sales revenue Cash dividends paid Income tax payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds $42,000 3,200 81,000 10,000 12,600 274,000 42,000 747,000 10,300 4,100 145,000 36,700 261,000 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).)