Noble Company’s accounting records provided the following changes in account balances and other information for 2019:

Additional information: Net income was $9,900. Dividends were declared and paid. Land was sold for $1,700.
No land was purchased. A building was purchased for $23,000. No buildings and equipment were sold. Bonds payable were issued at the end of the year. Two hundred shares of stock were issued for $15 per share. The beginning cash balance was $4,800.

Required:
Using visual inspection, prepare a 2019 statement of cash flows for Noble.

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Net Changes for 2019 Credit Debit $ 2,000 Cash $ 1,900 Accounts Receivable Inventory Land 2,400 1,700 Buildings and Equipment Accumulated Depreciation Accounts Payable Salaries Payable Bonds Payable Common Stock, no par Retained Earnings 23,000 4,500 1,600 600 5,000 3,000 5,300 $25,500 $25,500