BRAND purchased equipment for $290,000 cash, sold equipment costing $150,000 with a book value of $100,000, and declared and paid dividends during 2021. No new notes payable were issued during the year.

Financial data follows. All balances are normal.

Balance Sheet	Dec. 31, 2021	Dec. 31, 2020	Change
Cash	$ 36,000	$29,000	$ 7,000
Accounts receivable	125,000	97,000	28,000
Inventory	100,000	114,000	(14,000)
Equipment	740,000	600,000	140,000
Accum. depreciation	370,000	220,000	150,000
Accounts payable	170,000	150,000	20,000
Unearned revenue	74,000	44,000	30,000
Accrued salaries	25,000	40,000	(15,000)
Taxes payable	9,000	8,000	1,000
Long-term notes payable	50,000	138,000	(88,000)
Common stock	215,000	200,000	15,000
Retained earnings	88,000	40,000	48,000

Income Statement	2021
Sales revenue		$2,800,000
Cost of sales		1,600,000
Salaries expense		900,000
Depreciation expense		200,000
Interest expense		20,000
Gain on sale of equipment		10,000
Income tax expense		25,000
Net income		$ 65,000

Prepare BRANDS Statement of Cash Flows for 2021, using the indirect method.

Cash Flows from Operating Activities (CFO) =

Cash Flows from Investing Activities (CFI) =

Cash Flows from Financing Activities (CFF) =

Net increase/decrease in Cash =

When entering answers, enter them as whole numbers