Muhulland Corp had the following financial data related to t…
Muhulland Corp had the following financial data related to the years ended December 31: December 31, 2022 2021 Accounts payable 18,200 13,200 Accounts receivable 25,500 21,500 Cash 42,740 56,980 Depreciation expense 44,000 12,000 Income taxes payable 21,000 22,300 Long-term investments 202,000 120,000 Loss on sale of equipment 3,822 Merchandise inventory 43,000 122,000 Profit 203,810 112,000 Determine the 2022 cash flows from operating activities using the indirect method.