Complete the Statement of Cash Flow below using the indirect method.

Statement of Cash Flows for the Year Ended December 31, 2018
Net income
	Adjustments to reconcile Net Income
		Operating Activities
Credit card receivables
Accounts receivable
Inventory
Marketable securities
Prepaid expenses
Accounts payable
Accrued expenses payable
Income taxes payable
Current mortgage payable
Depreciation, building
Depreciation, furniture and equipment
Net adjustments to reconcile Net Income
	Net cash flow, operating activities
		Investing Activities
Purchased furniture and equipment
	Net cash flow, investing activities
		Financing Activities
Reduced long-term mortgage
Cash dividends paid
	Net cash flow, financing activities
Net cash flow increase
Cash balance, December 31, 2017
Cash balance, December 31, 2018

Balance Sheet
			2017	2018
Assets
Current Assets
Cash			$4,100	$5,200
Credit card receivables			4,700	5,500
Accounts receivable			1,200	700
Inventory			3,000	3,600
Marketable securities			8,000	7,000
Prepaid expenses			1,200	1,500
	Total Current Assets		$22,200	$23,500
Property, Plant & Equipment
Land			$30,000	$30,000
Building			150,000	150,000
	less: accum. Depr, building		(41,900)	(50,200)
Furniture & equipment			22,700	25,400
	less: accum. Depr, furniture & equip.		(15,400)	(19,100)
	Total Property, Plant & Equipment		$145,400	$136,100
		Total Assets	$167,600	$159,600
Liabilities & Stockholders' Equity
Current Liabilities
Account payable			$6,900	$7,000
Accrued expenses payable			1,400	1,700
Income taxes payable			2,000	1,500
Current portion of mortgage payable			11,500	10,400
	Total Current Liabilities		$21,800	$20,600
Long-term Liabilities
Long-term mortgage payable			100,000	89,600
	Total Liabilities		$121,800	$110,200
Stockholders' Equity
Capital stock, common			23,000	23,000
Retained earnings			22,800	26,400
	Total Stockholders' Equity		$45,800	$49,400
		Total Liabilities & Stockholders' Equity	$167,600	$159,600

Income Statement for Year Ended December 31, 2018
Sales revenue	$204,900
Operating costs	(173,800)
EBITDA	31,100
Depreciation, building	(8,300)
Depreciation, furniture and equipment	(3,700)
EBIT	$19,100
Interest	(10,800)
Operating income	$8,300
Income tax	(1,500)
Net Income	$6,800
Statement of Retained Earnings
For Year Ended December 31, 2008
Retained earnings, Dec. 31, 2007	$22,800
Add: Net income for year 2008	6,800
Subtotal	$29,600
Deduct: Dividends paid in 2008	(3,200)
Retained earnings, Dec. 31, 2008	$26,400