Condensed financial data of Concord Corporation follow.

Concord Corporation Comparative Balance Sheets December 31
Assets		2022		2021
Cash		$107,600		$47,800
Accounts receivable		91,900		33,100
Inventory		111,900		102,100
Prepaid expenses		29,400		25,900
Long-term investments		139,800		113,700
Plant assets		274,100		241,800
Accumulated depreciation		(47,700)		(51,000)
Total		$707,000		$513,400
Liabilities and Stockholders Equity
Accounts payable		$111,400		$67,400
Accrued expenses payable		16,500		17,200
Bonds payable		117,100		149,500
Common stock		219,000		175,100
Retained earnings		243,000		104,200
Total		$707,000		$513,400

Concord Corporation Income Statement For the Year Ended December 31, 2022
Sales revenue				$391,500
Less:
Cost of goods sold		$135,600
Operating expenses, excluding depreciation		12,500
Depreciation expense		34,900
Income tax expense		27,400
Interest expense		4,800
Loss on disposal of plant assets		7,500		222,700
Net income				$168,800

Additional information:

1.		New plant assets costing $80,600 were purchased for cash during the year.
2.		Old plant assets having an original cost of $48,300 and accumulated depreciation of $38,200 were sold for $2,600 cash.
3.		Bonds payable matured and were paid off at face value for cash.
4.		A cash dividend of $30,000 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).)