Behemoth Manufacturing makes and sells integrated circuit boards. At the end of 2014, the income statement and comparative balance sheet were prepared as shown below. Based on the information given, prepare a cash flow statement for Behemoth Manufacturing using the indirect method.

Behemoth Manufacturing Balance Sheet As at February 28
	2014	2013
ASSETS
Current Assets
Cash	$351,245	$123,900
Accounts receivable	$265,400	$261,700
Inventory	$519,500	$451,000
Prepaid expenses	$23,200	$23,200
Total Current Assets	$1,159,345	$859,800
Long-Term Assets
Property, plant & equipment(1)	$849,000	$898,800
Less: Accumulated depreciation	$-104,900	$-91,100
TOTAL ASSETS	$1,903,445	$1,667,500
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable	$317,700	$326,100
Current portion of bank loan	$34,100	$29,300
Total Current Liabilities	$351,800	$355,400
Long-Term Liabilities
Long-Term portion of bank loan	$207,000	$187,600
TOTAL LIABILITIES	$558,800	$543,000
Stockholders' Equity
Common Stocks	$289,000	$256,000
Retained earnings(2)	$1,055,645	$868,500
TOTAL STOCKHOLDERS' EQUITY	$1,344,645	$1,124,500
TOTAL LIABILITIES AND EQUITY	$1,903,445	$1,667,500

Additional Information: 1. Property, Plant & Equipment During 2014, land was sold for a loss of $3,900. The cash proceeds from the sale totalled $45,900. 2. Retained Earnings Behemoth Manufacturing declared and paid $41,200 in dividends in 2014.

Behemoth Manufacturing Income Statement For the Year Ended February 28, 2014
Sales	$2,924,000
COGS	$1,900,600
Gross Profit	$1,023,400
Operating Expenses
Depreciation Expense	$13,800
Other operating expenses	$654,400
Total Operating Expenses	$668,200
Operating Income	$355,200
Other Income
Loss on Sale of Land	$-3,900
Net Income Before Tax	$351,300
Income Tax	$122,955
Net Income	$228,345

Create the cash flow statement using the indirect method.

Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash.

Behemoth Manufacturing Cash Flow Statement For the Year Ended February 28, 2014
Cash Flow from Operations
Net Income	Answer
Add: Depreciation	Answer
Add Loss on sale of Land	Answer
Change in Current Assets and Current Liabilities
Increase in Accounts Receivable	Answer
Increase in inventory	Answer
Decrease in accounts payable	Answer
Change in Cash Due to Operations		Answer
Cash Flow from Investing
Sale of Land	Answer
Change in Cash Due to Investing		Answer
Cash Flow from Financing
Receipt of bank loan	Answer
Payment of cash dividend	Answer
Sale of Common Stock	Answer
Change in Cash Due to Financing		Answer
Net increase (decrease) in cash		Answer
Cash at the beginning of the year		Answer
Cash at the end of the year		Answer