Below are balance sheet and income statement data for Blue Panel Corp. (note: for the balance sheet data, the end-of-year information in in the left column).

Balance Sheet
	2015	2014
Cash	8,261	1,506
Investment Securities (available for sale)	300	250
Accounts Receivable	2,200	1,365
Paid-in capital	7,200	6,000
Inventory	4,874	5,168
Prepaid selling & administration expenses	208	224
Retained earnings (deficit)	8,768	(2,042)
Accumulated depreciation	3,200	2,780
Accounts payable	370	450
Unearned revenue	110	170
Income taxes payable	78	54
Other long-term liabilities	490	185
Property, plant & equipment	12,000	8,400
Long-term debt	7,952	9,816
Accumulated other comprehensive income (credit balance)	50	0
Intangible assets	375	500

Income Statement (for 2015)
Sales		57,860
Cost of goods sold	32,600
Loss on sale of property, plant & equipment	80
Selling and administrative expenses	6,550
Amortization expense	125
Depreciation expense	2,355
Income tax expense	2,400
Total expenses and losses		44,110
Net Income		13,750

Additional information for Blue Panel Corporation is as follows:

a) Property, plant, and equipment with an original historical cost of $2,100 was sold during 2015.

b) All accounts payable relate to inventory purchases.

c) The "Other long-term liabilities" item is Blue Panel's pension liability. Pension expense is reported as part of selling and administrative expenses.

d) During 2015, Blue Panel issued shares of common stock to an investor in exchange for property, plant, and equipment valued at $800.

e) The accumulated other comprehensive income relates solely to the available-for-sale investment securities.

Instructions: Prepare a complete statement of cash flows for 2015 for Blue Panel Corporation. Use the direct method for reporting cash flows from operating activities.