Ayayai Inc., a greeting card company, had the following statements prepared as of December 31, 2020.

AYAYAI INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019
		12/31/20			12/31/19
Cash		$6,000			$7,100
Accounts receivable		62,000			50,900
Short-term debt investments (available-for-sale)		34,900			17,900
Inventory		40,400			59,800
Prepaid rent		5,100			3,900
Equipment		154,900			129,200
Accumulated depreciationequipment		(34,900	)		(25,200	)
Copyrights		46,200			49,500
Total assets		$314,600			$293,100
Accounts payable		$46,500			$40,100
Income taxes payable		4,000			6,100
Salaries and wages payable		8,000			3,900
Short-term loans payable		8,100			10,000
Long-term loans payable		60,600			69,200
Common stock, $10 par		100,000			100,000
Contributed capital, common stock		30,000			30,000
Retained earnings		57,400			33,800
Total liabilities & stockholders equity		$314,600			$293,100

AYAYAI INC. INCOME STATEMENT FOR THE YEAR ENDING DECEMBER 31, 2020
Sales revenue				$340,125
Cost of goods sold				174,600
Gross profit				165,525
Operating expenses				119,000
Operating income				46,525
Interest expense		$11,400
Gain on sale of equipment		2,000		9,400
Income before tax				37,125
Income tax expense				7,425
Net income				$29,700

Additional information:

1.		Dividends in the amount of $6,100 were declared and paid during 2020.
2.		Depreciation expense and amortization expense are included in operating expenses.
3.		No unrealized gains or losses have occurred on the investments during the year.
4.		Equipment that had a cost of $20,100 and was 70% depreciated was sold during 2020.

Prepare a statement of cash flows using the direct method. (Show amounts in the investing and financing sections that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)