Cullumber Ltd., which follows ASPE had the following comparative statement of financial position:

Cullumber Ltd. Comparative Statement of Financial Position December 31
Assets			2021				2020
Cash			$	81,400			$	49,400
Accounts receivable				136,000				99,500
Inventory				80,100				121,100
Prepaid insurance				10,400				8,100
Equipment				300,000				251,900
Accumulated depreciationequipment				( 73,000	)			( 52,400	)
Patents				78,700				96,700
	Total assets		$	613,600			$	574,300
Liabilities and Shareholders Equity
Accounts payable			$	92,500			$	80,700
Notes payable				7,700				11,200
Salaries and wages payable				16,800				9,000
Income taxes payable				16,300				20,300
Long-term note payable				113,500				131,400
Common shares				262,800				262,800
Retained earnings				104,000				58,900
	Total liabilities and shareholders equity		$	613,600			$	574,300

Additional information:

1.		Net income for the fiscal year was $ 55,000.
2.		Equipment that cost $ 41,100 and was 70% depreciated was sold during 2021, for a gain of $ 3,500.
3.		No patents were purchased or sold during the fiscal year.
4.		The current Notes Payable are trade payables issued by Cullumber Ltd. for the purchase of inventory.

Prepare a statement of cash flows using the indirect format.