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The following information is available for Ivanhoe Company for the year ended December 31, 2022....

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Accounting

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The following information is available for Ivanhoe Company for the year ended December 31, 2022. Beginning cash balance $78,750 Accounts payable decrease 6,475 Depreciation expense 283,500 Accounts receivable increase 14,350 Inventory increase 19,250 Net income 497,175 Cash received for sale of land at book value 61,250 Cash dividends paid 21,000 Income taxes payable increase 8.225 Cash used to purchase building 505.750 Cash used to purchase treasury stock 45,500 Cash received from issuing bonds 350,000 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 parenthesises. (15,000)) Ivanhoe Company Statement of Cash Flows-Indirect Method Cash Flows from Operating Activities $ Net Income Adjustments to reconcile net income 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 parenthesises. (15,000)) Ivanhoe Company Statement of Cash Flows-Indirect Method Cash Flows from Operating Activities $ Net Income Adjustments to reconcile net income to

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