Bolero Company holds 80 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	$	(920,000	)		$	(1,050,000	)
Cost of goods sold		614,000				654,000
Depreciation and amortization		104,000				128,000
Gain on sale of building		0				(34,000	)
Interest expense		44,000				44,000
Consolidated net income		(158,000	)			(258,000	)
to noncontrolling interest		23,000				25,000
to parent company	$	(135,000	)		$	(233,000	)
Retained earnings, 1/1	$	(314,000	)		$	(385,000	)
Net income		(135,000	)			(233,000	)
Dividends declared		64,000				114,000
Retained earnings, 12/31	$	(385,000	)		$	(504,000	)
Cash	$	94,000			$	188,000
Accounts receivable		178,000				154,000
Inventory		214,000				368,000
Buildings and equipment (net)		654,000				722,000
Databases		178,000				159,000
Total assets	$	1,318,000			$	1,591,000
Accounts payable	$	(156,000	)		$	(118,000	)
Bonds payable		(414,000	)			(528,000	)
Non controlling interest in Rivera		(46,000	)			(65,000	)
Common stock		(126,000	)			(144,000	)
Additional paid-in capital		(191,000	)			(232,000	)
Retained earnings		(385,000	)			(504,000	)
Total liabilities and equities	$	(1,318,000	)		$	(1,591,000	)

Additional Information for 2018

• The parent issued bonds during the year for cash.
• Amortization of databases amounts to $19,000 per year.
• The parent sold a building with a cost of $88,000 but a $44,000 book value for cash on May 11.
• The subsidiary purchased equipment on July 23 for $221,000 in cash.
• Late in November, the parent issued stock for cash.
• During the year, the subsidiary paid dividends of $30,000. 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 Cash, January 1, 2018 Cash, December 31, 2018 0