The following information is available for Moab Corporation for the year ended December 31, 2022. Beginning cash balance $24,000
Accounts payable increase 5,700
Depreciation expense 41,000
Accounts receivable decrease 4,800
Inventory decrease 3,100
Net income 57,200
Cash received for sale of land at book value 104,000
Cash dividends paid 38,000
Income taxes payable decrease 3,900
Cash used to purchase land 81,000
Cash used to redeem bonds 66,000
Cash received from issuing stock 160,000

Required:
Prepare a statement of cash flows using the indirect method.