A comparative balance sheet for Waterway Corporation is presented below:

Additional information:

Net loss for $2020$ is $$26\mathrm{.}250.$

Cash dividends of $$16\mathrm{.}500$ were declared and paid in $2020.$

Land was sold for cash at a loss of $$6,500.$ This was the only land transaction during the year.

Equipment with a cost of $$20,000$ and accumulated depreciation of $$12,500$ was sold for $$7,500$ cash.

$$24,500$ of bonds were retired during the year at carrying $($book$)$ value.

Equipment was acquired for common stock. The fair value of the stock at the time of the exchange was $$30,000.$

Prepare a statement of cash flows for the year ended $2020,$ using the indirect method. $($Show amounts that decrease cash flow with either a$-$signeg. $-15,000$ or in parenthesis eg $(15,000))$