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Condensed financial data of Splish Brothers Inc. follow.

$\backslash$table$[[\backslash$table$[[$Splish Brothers Inc.$],[$Comparative Balance Sheets$],[$December $31]]],[$Assets$,2022,2021],[$Cash$,$$ $218,160,$$ $130,680],[$Accounts receivable,$237,060,102,600],[$Inventory$,303,750,277,695],[$Prepaid expenses,$76,680,70,200],[$Long$-$term investments,$372,600,294,300],[$Plant assets,$769\mathrm{.}500,654,750],[$Accumulated depreciation,$(135,000),(140,400)],[$Total$,$$$1,842,750,$$$1,389,825]]$

$\backslash$table$[[$Liabilities and Stockholders' Equity,,$],[$Accounts payable,$$275,400,$$ $181,710],[$Accrued expenses payable,$44,550,56,700],[$Bonds payable,$297,000,394,200],[$Common stock,$594,000,472,500],[$Retained earnings,$631,800,284,715],[$Total$,$$$1,842,750,$$$1,389,825]]$

$\backslash$table$[[\backslash$table$[[$Splish Brothers Inc.$],[$Income Statement Data$],[$For the Year Ended December $31,2022]]],[$Sales revenue,,$$1,048,842],[$Less:$],[$Cost of goods sold,$$365,742,],[$Operating expenses, excluding depreciation,$33,507,],[$Depreciation expense,$125,550,],[$Income tax expense,$73,656,],[$Interest expense,$12,771,],[$Loss on disposal of plant assets,$20,250,631,476],[$Net income,,$ $417,366]]$

Additional information:

Additional information:

New plant assets costing $$276,000$ were purchased for cash during the year.

Old plant assets having an original cost of $$155,250$ and accumulated depreciation of $$130,950$ were sold for $$4,050$ cash.

Bonds payable matured and were paid off at face value for cash.

A cash dividend of $$70,281$ was declared and paid during the year.

Prepare a statement of cash flows using the indirect method. $($Show amounts that decrease cash flow with either a $-$ sign eg$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

Splish Brothers Inc.

Statement of Cash Flows

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