Condensed financial data of Vaughn Manufacturing follow.

Vaughn Manufacturing Comparative Balance Sheets December 31
Assets		2017			2016
Cash		$ 109,080			$ 65,340
Accounts receivable		118,530			51,300
Inventory		151,875			138,848
Prepaid expenses		38,340			35,100
Long-term investments		186,300			147,150
Plant assets		384,750			327,375
Accumulated depreciation		(67,500	)		(70,200	)
Total		$921,375			$694,913
Liabilities and Stockholders Equity
Accounts payable		$ 137,700			$ 90,855
Accrued expenses payable		22,275			28,350
Bonds payable		148,500			197,100
Common stock		297,000			236,250
Retained earnings		315,900			142,358
Total		$921,375			$694,913

Vaughn Manufacturing Income Statement Data For the Year Ended December 31, 2017
Sales revenue				$524,421
Less:
Cost of goods sold		$182,871
Operating expenses, excluding depreciation		16,754
Depreciation expense		62,775
Income tax expense		36,828
Interest expense		6,386
Loss on disposal of plant assets		10,125		315,739
Net income				$ 208,682

Additional information:

1.		New plant assets costing $135,000 were purchased for cash during the year.
2.		Old plant assets having an original cost of $77,625 and accumulated depreciation of $65,475 were sold for $2,025 cash.
3.		Bonds payable matured and were paid off at face value for cash.
4.		A cash dividend of $35,140 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).)

Vaughn Manufacturing Statement of Cash Flows choose the accounting period