Anderson Company uses the indirect method of preparing the Statement of Cash Flows and reports the following comparative balance sheet information. As customary, the most recent data is in the first column.

Balance Sheets 12-31-2012 12-31-2011

Cash $50,000 $20,000

Inventory 150,000 134,000

Equipment 120,000 105,000

Accum. Depreciation (35,000) (27,000)

$285,000 $232,000

Accounts payable $75,000 $96,000

Bonds payable (due in 7 years) 180,000 110,000

Common Stocks 20,000 19,000

Retained earnings 10,000 7,000

$285,000 $285,000

Additional Information: Net income for 2012 was $6,000. No equipment was disposed of during 2012.

Required: Prepare a Cash Flow Statement using the indirect method.