An examination of the income statement and the accounting records revealed the following additional information applicable to 2016: Net income, $524, 580. Depreciation expense reported on the income statement: buildings, $51, 660; machinery and equipment, $22, 680. Patent amortization reported on the income statement, $5, 040. A building was constructed for $579, 600. A mortgage note for $224,000 was issued for cash. 30,000 shares of common stock were issued at $13 in exchange for the bonds payable. Cash dividends declared, $131, 040. Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities