Attached is a condensed trial balance of Probe Co., a publicly held company, after adjustments for income tax expense.

Additional Information:

During 20X10 equipment with an original cost of $50,000 was sold for cash, and equipment costing $125,000 was purchased.

On January 1, 20X10, bonds with a par value of $500,000 and related premium of $75,000 were redeemed. The $1,000 face value, 10% par bonds had been issued on January 1, 20X1, to yield 8%. Interest is payable annually every December 31 through 20X20.

Probe's tax payments during 20X10 were debited to Income Taxes Payable. Probe recorded a deferred income tax liability of $42,000 based on temporary differences of $120,000 and an enacted tax rate of 35% at December 31, 20X9; prior to 20X9 there were no temporary differences. Probe's 20X10 financial statement income before income taxes was greater than its 20X10 taxable income, due entirely to temporary differences, by $60,000. Probe's cumulative net taxable temporary differences at December 31, 20X10, were $180,000. Probe's enacted tax rate for the current and future years is 35%.

60,000 shares of common stock, $2.50 par, were outstanding on December 31, 20X9. Probe issued an additional 80,000 shares on April 1, 20X10.

There were no changes to retained earnings other than dividends declared.

Required:

Complete the following statement of cash flows using the indirect method for Probe Co. Input any uses of cash or net decreases in cash as negative numbers

Probe Co. STATEMENT OF CASH FLOWS For the Year Ending 12/31/X10

	A	B	C	D
		Cash Source	Cash Use
1	From Operating Activities
2
3
4
5
6
7
8
9
10	Net cash provided from operating activities	0.00	0.00	0.00
11
12	From Investing Activities
13
14
15	Net cash used from investing activities	0.00	0.00	0.00
16
17	From Financing Activities
18
19
20
21	Net cash used from financing activities	0.00	0.00	0.00
22	Net decrease in cash			0.00
23	Beginning Cash Balance
24	Ending Cash Balance			0.00

Probe Co. CONDENSED TRIAL BALANCE Probe Co. CONDENSED TRIAL BALANCE