Condensed financial data of Blue Spruce Corp. follow.

Blue Spruce Corp. Comparative Balance Sheets December 31
Assets		2022		2021
Cash		$118,300		$47,700
Accounts receivable		91,000		33,900
Inventory		112,200		102,000
Prepaid expenses		29,700		26,000
Long-term investments		139,800		113,800
Plant assets		275,600		241,400
Accumulated depreciation		(47,200)		(52,400)
Total		$719,400		$512,400
Liabilities and Stockholders Equity
Accounts payable		$111,800		$67,200
Accrued expenses payable		16,500		17,000
Bonds payable		111,800		149,800
Common stock		219,700		174,200
Retained earnings		259,600		104,200
Total		$719,400		$512,400

Blue Spruce Corp. Income Statement For the Year Ended December 31, 2022
Sales revenue				$393,000
Less:
Cost of goods sold		$134,900
Operating expenses, excluding depreciation		11,500
Depreciation expense		30,600
Income tax expense		26,400
Interest expense		4,800
Loss on disposal of plant assets		7,500		215,700
Net income				$177,300

Additional information:

1.		New plant assets costing $80,200 were purchased for cash during the year.
2.		Old plant assets having an original cost of $46,000 and accumulated depreciation of $35,800 were sold for $2,700 cash.
3.		Bonds payable matured and were paid off at face value for cash.
4.		A cash dividend of $21,900 was declared and paid during the year.
5.		Common stock was issued at par for cash.
6.		There were no significant noncash transactions.

Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)