The following information is available for Marin Corporation for the year ended December 31, 2022. Beginning cash balance $36,000 Accounts payable decrease 3,400 Depreciation expense 76,000 Accounts receivable increase 9,600 Inventory increase 14,400 Net income 252,000 Cash received for sale of land at book value 36,000 Sales revenue 741,500 Cash dividends paid 10,500 Income tax payable increase 4,700 Cash used to purchase building 143,000 Cash used to purchase treasury stock 34,900 Cash received from issuing bonds 269,000 Prepare a statement of cash flows using the indirect method
