Below are the balance sheets and income statement for Kinder Care Company. Please prepare the statement of cash flows for 2015 on both the indirect and direct bases.

	Kinder Care Company
	Balance Sheet
		December 31
		2015	2014
	Cash	135,900	111,200
	Accounts receivable (net)	38,300	20,300
	Inventory	35,000	26,000
	Long-term investments	-	20,000
	Property, plant & equipment	216,500	150,000
	Accumulated depreciation	(57,700)	(25,000)
		368,000	302,500
	Accounts payable	17,000	35,500
	Accrued liabilities	21,000	27,000
	Long-term notes payable	70,000	50,000
	Common stock	185,000	145,000
	Retained earnings	75,000	45,000
		368,000	302,500

Sales Revenue..		$ 512,000
Cost of goods sold		291,000
Gross margin ..		221,000
Operating expenses		91,500
Pre-tax operating income		129,500
Gain on sale of investments		15,000
Pre-tax income		144,500
Tax		42,000
Net income		$ 102,500

Additional data:
1	Depreciation on plant assets for the year, $32,700.
2	Sold the long-term investments for $35,000.
3	Purchased machinery costing $66,500, issued note for $20,000 and paid remainder in cash.
4	Paid a $40,000 long-term note payable by issuing common stock.
5	Issued additional long-term notes payable during the year.