Bolero Company holds 75 percent of the common stock of Rivera, Inc., and 30 percent of this subsidiarys convertible bonds. The following consolidated financial statements are for 2017 and 2018:

	2017				2018
Revenues	$	(960,000	)		$	(1,090,000	)
Cost of goods sold		622,000				662,000
Depreciation and amortization		112,000				144,000
Gain on sale of building		0				(42,000	)
Interest expense		52,000				52,000
Consolidated net income		(174,000	)			(274,000	)
to noncontrolling interest		31,000				33,000
to parent company	$	(143,000	)		$	(241,000	)
Retained earnings, 1/1	$	(322,000	)		$	(393,000	)
Net income		(143,000	)			(241,000	)
Dividends declared		72,000				122,000
Retained earnings, 12/31	$	(393,000	)		$	(512,000	)
Cash	$	102,000			$	204,000
Accounts receivable		194,000				162,000
Inventory		222,000				384,000
Buildings and equipment (net)		662,000				746,000
Databases		194,000				167,000
Total assets	$	1,374,000			$	1,663,000
Accounts payable	$	(164,000	)		$	(134,000	)
Bonds payable		(422,000	)			(544,000	)
Noncontrolling interest in Rivera		(54,000	)			(73,000	)
Common stock		(142,000	)			(152,000	)
Additional paid-in capital		(199,000	)			(248,000	)
Retained earnings		(393,000	)			(512,000	)
Total liabilities and equities	$	(1,374,000	)		$	(1,663,000	)

Additional Information for 2018

The parent issued bonds during the year for cash.

Amortization of databases amounts to $27,000 per year.

The parent sold a building with a cost of $104,000 but a $52,000 book value for cash on May 11.

The subsidiary purchased equipment on July 23 for $253,000 in cash.

Late in November, the parent issued stock for cash.

During the year, the subsidiary paid dividends of $56,000. Both parent and subsidiary pay dividends in the same year as declared.

Prepare a consolidated statement of cash flows for this business combination for the year ending December 31, 2018. (Use indirect method) (Negative amounts and amounts to be deducted should be indicated by a minus sign.)

BOLERO COMPANY AND CONSOLIDATED SUBSIDIARY RIVERA
Consolidated Statement of Cash Flows
Year Ending December 31, 2018
Cash from operating activities:
Adjustment from accrual to cash:
Net cash flow from operating activities		$0
Cash flows from investing activities:
Net cash flow from investing activities		0
Cash flows from financing activities:
Net cash flow from financing activities		0
		0
Cash, January 1, 2018
Cash, December 31, 2018		$0