Additional information:

1.		Net income for 2018 was $98,670. There were no gains or losses reported on the income statement.
2.		Cash dividends of $48,850 were declared and paid.
3.		Bonds payable amounting to $45,000 were redeemed for cash $45,000. The bonds were originally issued at face value (no premium or discount).
4.		Common shares were issued for $42,890 cash.
5.		No land was purchased during 2018.
6.		No equipment was disposed of during 2018.

Prepare a statement of cash flows for 2018 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Current Attempt in Progress Shown below are comparative statements of financial position for Riverbed Corporation. RIVERBED CORPORATION Statement of Financial Position December 31 Assets 2018 Cash $67,790 Accounts receivable 85,910 Inventory 170,930 Land 81,760 Equipment 254,300 Accumulated depreciation - equipment (65,930) $594,760 Liabilities and Shareholders' Equity Accounts payable $38,120 Bonds payable 157,000 Common shares 219,920 Retained earnings 179,720 $594,760 2017 $20,520 76,400 193.800 105,260 192,100 (33,630) $554,450 $45,520 202.000 177,030 129,900 $554,450 RIVERBED CORPORATION Statement of Cash Flows Adjustments to reconcile net income to