The following information is available for Ivanhoe Corporation for the year ended December 31, 2025 . beginning cash balance $56,250
accounts payable decrease 4,625
depreciation expense 202,500
accounts receivable increase 10,250
inventory increase 13,750
net income 355,125
cash received for sale of land book value 43,750
cash dividends paid 15,000
income taxes payable increase 5,875
cash used to purchase building 361,250
cash used to purchase treasury stock 32,500
cash received from issuing bonds 250,000
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).