Condensed financial data of Sinjh Inc. follow.

SINJH INC. Comparative Balance Sheets December 31
Assets		2014			2013
Cash		$111,000			$47,800
Accounts receivable		91,090			33,180
Inventory		111,120			102,130
Prepaid expenses		29,740			25,120
Long-term investments		139,920			114,390
Plant assets		265,580			242,340
Accumulated depreciation		(47,360	)		(52,240	)
Total		$701,090			$512,720
Liabilities and Stockholders Equity
Accounts payable		$111,880			$67,080
Accrued expenses payable		16,250			17,250
Bonds payable		117,330			149,380
Common stock		219,430			175,480
Retained earnings		236,200			103,530
Total		$701,090			$512,720

SINJH INC. Income Statement For the Year Ended December 31, 2014
Sales revenue		$391,450
Gain on disposal of plant assets		7,180		$398,630
Less:
Cost of goods sold		134,180
Operating expenses, excluding depreciation		12,060
Depreciation expense		46,120
Income tax expense		26,870
Interest expense		4,160		223,390
Net income				$175,240

Additional information:

1.		New plant assets costing $79,860 were purchased for cash during the year.
2.		Old plant assets having an original cost of $56,620 and accumulated depreciation of 51,000 were sold for $12,800 cash.
3.		Bonds payable matured and were paid off at face value for cash.
4.		A cash dividend of $42,570 was declared and paid during the year.

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).)