A comparative balance sheet for Riabko Company containing data for the last two years is as follows:

Riabko Company Comparative Balance Sheet
	This Year		Last Year
Assets
Current assets:
Cash and cash equivalents	$	92,000	$	66,800
Accounts receivable		632,000		662,500
Inventory		633,200		441,000
Prepaid expenses		26,800		15,500
Total current assets		1,384,000		1,185,800
Property, plant, and equipment		2,475,000		1,884,000
Less accumulated depreciation		640,200		578,900
Net property, plant, and equipment		1,834,800		1,305,100
Long-term investments		124,100		193,000
Loans to subsidiaries		141,000		80,500
Total assets	$	3,483,900	$	2,764,400
Liabilities and Stockholders' equity
Current liabilities:
Accounts payable	$	903,600	$	591,000
Accrued liabilities		37,600		60,900
Income taxes payable		160,300		134,800
Total current liabilities		1,101,500		786,700
Bonds payable		725,000		463,000
Total liabilities		1,826,500		1,249,700
Stockholders equity:
Common stock		1,132,000		1,021,000
Retained earnings		525,400		493,700
Total stockholders equity		1,657,400		1,514,700
Total liabilities and stockholders' equity	$	3,483,900	$	2,764,400

The following additional information is available about the companys activities during this year:
a.	The company declared and paid a cash dividend this year.
b.	Bonds with a principal balance of $401,000 were repaid during this year.
c.	Equipment was sold during this year for $80,500. The equipment had cost $172,000 and had $65,200 in accumulated depreciation on the date of sale.
d.	Long-term investments were sold during the year for $152,000. These investments had cost $68,900 when purchased several years ago.
e.	The subsidiaries did not repay any outstanding loans during the year.
f.	Riabko did not repurchase any of its own stock during the year.

The company reported net income this year as follows:

Riabko Company Income Statement
Sales			$	3,420,000
Cost of goods sold				2,120,400
Gross margin				1,299,600
Selling and administrative expenses				1,041,300
Net operating income				258,300
Non operating items:
Gain on sale of investments	$	83,100
Loss on sale of equipment		26,300		56,800
Income before taxes				315,100
Income taxes				101,000
Net income			$	214,100

Required:
1.	Using the indirect method, prepare a statement of cash flows for this year. (Amounts to be deducted and negative amounts should be indicated with a minus sign.)

Riabko Company Statement of Cash Flows
Operating activities:
(Click to select) Net loss Net income		$
Adjustments to convert net income to cash basis:
(Click to select) Increase in prepaid expenses Decrease in accrued liabilities Gain on sale of investments Increase in accounts payable Depreciation Loss on sale of equipment Increase in inventory Decrease in inventory Increase in accounts receivable Increase in income taxes payable Decrease in accounts receivable	$
(Click to select) Gain on sale of investments Depreciation Decrease in accounts receivable Increase in inventory Decrease in accrued liabilities Decrease in inventory Increase in accounts receivable Increase in prepaid expenses Increase in income taxes payable Loss on sale of equipment Increase in accounts payable
(Click to select) Increase in inventory Depreciation Decrease in accrued liabilities Increase in accounts receivable Gain on sale of investments Increase in prepaid expenses Loss on sale of equipment Decrease in inventory Increase in accounts payable Decrease in accounts receivable Increase in income taxes payable
(Click to select) Increase in inventory Decrease in accounts receivable Decrease in accrued liabilities Decrease in inventory Gain on sale of investments Increase in income taxes payable Increase in prepaid expenses Depreciation Increase in accounts payable Loss on sale of equipment Increase in accounts receivable
(Click to select) Gain on sale of investments Decrease in accrued liabilities Loss on sale of equipment Increase in inventory Increase in income taxes payable Decrease in accounts receivable Decrease in inventory Depreciation Increase in accounts receivable Increase in prepaid expenses Increase in accounts payable
(Click to select) Decrease in inventory Increase in accounts payable Depreciation Increase in accounts receivable Decrease in accrued liabilities Decrease in accounts receivable Increase in prepaid expenses Increase in income taxes payable Loss on sale of equipment Increase in inventory Gain on sale of investments
(Click to select) Increase in accounts receivable Decrease in accrued liabilities Gain on sale of investments Decrease in accounts receivable Depreciation Increase in accounts payable Increase in income taxes payable Decrease in inventory Loss on sale of equipment Increase in inventory Increase in prepaid expenses
(Click to select) Increase in prepaid expenses Increase in inventory Gain on sale of investments Increase in accounts payable Decrease in accrued liabilities Increase in accounts receivable Increase in income taxes payable Decrease in inventory Loss on sale of equipment Decrease in accounts receivable Depreciation
(Click to select) Increase in inventory Increase in accounts receivable Decrease in accrued liabilities Increase in accounts payable Depreciation Loss on sale of equipment Decrease in inventory Gain on sale of investments Increase in income taxes payable Decrease in accounts receivable Increase in prepaid expenses
Net cash (Click to select) used in provided by operating activities
Investing activities:
(Click to select) Increase in accrued liabilities Increase in property, plant and equipment Proceeds from sale of equipment Decrease in inventory Loans to subsidiaries Proceeds from sale of long-term investments Decrease in accounts receivable Increase in accounts payable Increase in accounts receivable Decrease in property, plant and equipment Decrease in accounts payable
(Click to select) Loans to subsidiaries Increase in accounts payable Increase in accrued liabilities Decrease in accounts payable Increase in accounts receivable Increase in property, plant and equipment Decrease in accounts receivable Decrease in inventory Proceeds from sale of equipment Decrease in property, plant and equipment Proceeds from sale of long-term investments
(Click to select) Proceeds from sale of long-term investments Increase in accounts receivable Decrease in accounts receivable Increase in accrued liabilities Decrease in inventory Loans to subsidiaries Increase in property, plant and equipment Decrease in property, plant and equipment Decrease in accounts payable Proceeds from sale of equipment Increase in accounts payable
(Click to select) Increase in accrued liabilities Proceeds from sale of equipment Decrease in property, plant and equipment Increase in accounts payable Proceeds from sale of long-term investments Decrease in accounts payable Increase in accounts receivable Increase in property, plant and equipment Decrease in accounts receivable Loans to subsidiaries Decrease in inventory
Net cash (Click to select) provided by used in investing activities
Financing activities:
(Click to select) Depreciation Increase in accounts receivable Decrease in prepaid expenses Issuance of common stock Cash dividends to stockholders Decrease in accounts receivable Proceeds from sale of equipment Issuance of bonds payable Increase in inventory Retirement of bonds payable Additions to plant and equipment
(Click to select) Increase in accounts receivable Issuance of bonds payable Issuance of common stock Increase in inventory Decrease in prepaid expenses Additions to plant and equipment Decrease in accounts receivable Cash dividends to stockholders Retirement of bonds payable Proceeds from sale of equipment Depreciation
(Click to select) Additions to plant and equipment Increase in accounts receivable Issuance of bonds payable Decrease in accounts receivable Decrease in prepaid expenses Cash dividends to stockholders Proceeds from sale of equipment Retirement of bonds payable Issuance of common stock Increase in inventory Depreciation
(Click to select) Issuance of common stock Proceeds from sale of equipment Increase in accounts receivable Cash dividends to stockholders Decrease in accounts receivable Increase in inventory Depreciation Additions to plant and equipment Retirement of bonds payable Decrease in prepaid expenses Issuance of bonds payable
Net cash (Click to select) used in provided by financing activities
(Click to select) Net increase in cash and cash equivalents Net decrease in cash and cash equivalents
Cash balance, beginning
Cash balance, ending		$