Crane Company reported the following information for 2022.

Crane Company Comparative Balance Sheets December 31
Assets		2022			2021			Change Increase/Decrease
Cash		$60,360			$36,230			$24,130		Increase
Accounts receivable		61,790			21,800			39,990		Increase
Inventory		44,270			0			44,270		Increase
Prepaid expenses		6,050			3,990			2,060		Increase
Land		55,380			70,670			15,290		Decrease
Buildings		199,250			199,250			0		No Change
Accumulated depreciationbuildings		(20,805)			(13,870)			6,935		Increase
Equipment		183,290			67,480			115,810		Increase
Accumulated depreciationequipment		(28,145)			(9,970)			18,175		Increase
Totals		$561,440			$375,580
Liabilities and Stockholders Equity
Accounts payable		$42,870			$39,720			$3,150		Increase
Accrued expenses payable		0			9,920			9,920		Decrease
Bonds payable		101,100			151,470			50,370		Decrease
Common stock ($1 par)		229,420			59,810			169,610		Increase
Retained earnings		188,050			114,660			73,390		Increase
Totals		$561,440			$375,580

Crane Company Income Statement For the Year Ended December 31, 2022
Sales revenue				$938,940
Cost of goods sold		$473,170
Operating expenses		229,090
Interest expense		12,000
Loss on disposal of plant assets		1,990		716,250
Income before income taxes				222,690
Income tax expense				64,850
Net income				$157,840

Additional information:
1.		Operating expenses include depreciation expense of $40,390.
2.		Land was sold at its book value for cash.
3.		Cash dividends of $84,450 were declared and paid in 2022.
4.		Equipment with a cost of $167,160 was purchased for cash. Equipment with a cost of $51,350 and a book value of $36,070 was sold for $34,080 cash.
5.		Bonds of $50,370 were redeemed at their face value for cash.
6.		Common stock ($1 par) was issued at par for $169,610 cash.

Use this information to 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).)

The following three accounts appear in the general ledger of Sheffield Corp. during 2022.

Equipment
Date				Debit		Credit		Balance
Jan. 1		Balance						159,400
July 31		Purchase of equipment		70,400				229,800
Sept. 2		Purchase of equipment		54,700				284,500
Nov. 10		Cost of equipment sold				48,300		236,200
Accumulated DepreciationEquipment
Date				Debit		Credit		Balance
Jan. 1		Balance						70,300
Nov. 10		Accumulated depreciation on equipment sold		14,200				56,100
Dec. 31		Depreciation for year				24,600		80,700
Retained Earnings
Date				Debit		Credit		Balance
Jan. 1		Balance						105,600
Aug. 23		Dividends (cash dividends declared and paid)		17,800				87,800
Dec. 31		Net income				65,100		152,900

From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect method. The loss on disposal of plant assets was $8,500. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)