Boca Inc.
Balance Sheets
December 31
	Assets				2018	2017
	Cash				110,800	48,400
	Accounts Receivable				38,000	87,800
	Inventory				112,500	102,850
	Prepaid Expenses				26,000	28,400
	Long-term Investments				109,000	138,000
	Plant Assets				397,000	242,500
	Accumulated depreciation				-50,000	-52,000
	Total				743,300	595,950
	Liabilities and Stockholders' Equity
	Accounts Payable				72,000	67,300
	Accrued Expenses Payable				13,500	21,000
	Dividends Payable				3,000	-
	Bonds Payable				170,000	146,000
	Common Stock				262,000	175,000
	Retained Earnings				222,800	186,650
	Total				743,300	595,950
Old plant assets having an original cost of $57,500 and accumulated depreciation of $48,500 were sold for $15,000 cash.
A new plant asset was purchased directly in exchange for common stock valued at $44,000.
New bonds were issued at par for $60,000.
2018 Net income was $154,480.
A $1,000 prior period adjustment was recorded in 2017 correcting an overstatement of depreciation in 2015. The 2017 balance sheet is appropriately restated.
The decrease in Long-term Investments was due to a sale of investments at original cost.
Required:
Prepare a 2018 statement of cash flows using the indirect method.