ABC Corp had the following financial data related to the year-end 2018 and 2019. Prepare the Statement of Cash Flows, as of December 31, 2019, for ABC Corp.

Comparative Balance Sheet Data	ABC Corp Balance Sheet December 31
	2019	2018
Cash	$ 142,740	$ 46,080
Accounts Receivable	126,360	58,800
Inventories	146,250	123,420
Long-term Investments	111,800	112,800
Equipment, net	286,000	228,600
	$813,150	$ 569,700
Accounts Payable	$ 130,000	$ 80,760
Income Tax Payable	21,450	20,400
Bonds Payable	97,500	132,000
Common Shares	260,000	210,000
Retained Earnings	304,200	126,540
	$813,150	$ 569,700
Income Statement, Dec 31, 2019
Sales		$ 479,892
Cost of Goods Sold		161,644
Gross Profit		$318,248
Operating Expenses
Depreciation Expense		58,800
Other Cash Expenses		17,374
Interest Expense		3,822
Income Tax Expense		10,185
Loss on Sale of Equipment		16,800
Net Income		$ 211,267

1. There was no gain or loss on the long-term investments sold or the bonds retired.
2. Old equipment was sold during the year for $2,100 cash.
3. New equipment was purchased for $135,100.
4. Dividends were paid during the year*.
5. Additional shares of stock were issued during the year. There were no preferred shares. The number of common shares increased from 50,000 in 2016 to 60,000 in 2017.

Dividends Paid = RE beginning +/-Profit or Loss Dividends Paid = RE ending

Where RE beginning is the Retained Earnings at December 31, 2018 and RE ending is Retained Earnings at December 31, 2019.