Albion Construction Company had the following transactions during the year ended December 31, 2019:

Gain on sale of land $10,000

Depreciation $31,000

Payment of dividends $15,000

Increase in accounts receivable $25,000

Decrease in inventories $18,000

Increase in accounts payable $34,000

Decrease in income taxes payable $6,500

Decrease in wages payable $2,200

Proceeds on Sale of Equipment $297,000

Repayment of bonds $268,000

Issuance of Common shares $100,000

Proceeds on sale of land $140,000

Net Loss ($25,000)

Required:

Prepare a cash flow statement for the year 2019.