Condensed financial data of Crane Inc. follow.

CRANE INC. Comparative Balance Sheets December 31
Assets		2022			2021
Cash		$117,100			$47,400
Accounts receivable		93,000			32,700
Inventory		111,400			102,700
Prepaid expenses		30,000			25,300
Long-term investments		141,000			113,100
Plant assets		274,700			241,500
Accumulated depreciation		(46,100)			(51,500)
Total		$721,100			$511,200
Liabilities and Stockholders’ Equity
Accounts payable		$111,300			$67,100
Accrued expenses payable		16,100			17,400
Bonds payable		118,400			149,600
Common stock		220,900			174,000
Retained earnings		254,400			103,100
Total		$721,100			$511,200

CRANE INC. Income Statement For the Year Ended December 31, 2022
Sales revenue				$391,600
Less:
Cost of goods sold		$134,600
Operating expenses, excluding depreciation		12,200
Depreciation expense		30,600
Income tax expense		27,500
Interest expense		5,000
Loss on disposal of plant assets		7,500		217,400
Net income				$174,200

Additional information:

1.		New plant assets costing $79,700 were purchased for cash during the year.
2.		Old plant assets having an original cost of $46,500 and accumulated depreciation of $36,000 were sold for $3,000 cash.
3.		Bonds payable matured and were paid off at face value for cash.
4.		A cash dividend of $22,900 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.