Dean Inc. held 80% of the common stock of Gill Co. and 40% of this subsidiary's convertible bonds. The following consolidated financial statements were for 2016 and 2017.

	Consolidated Totals
	2016	2017
Revenues	($1,064,000)	($1,232,000)
Cost of Goods Sold	714,000	756,000
Depreciation and amortization	126,000	140,000
Gain on sale of building	0	(28,000)
Interest expense	42,000	42,000
Consolidated net income	($182,000)	($322,000)
Noncontrolling interest in income	12,600	15,400
Net income to controlling interest	($169,400)	($306,600)
Retained earnings, January 1	($420,000)	($519,400)
Net income (from above)	(169,400)	(306,600)
Dividends paid	70,000	140,000
Retained earnings, December 31	($519,400)	($686,000)
Cash	$112,000	$190,200
Accounts receivable	210,000	196,000
Inventory	280,000	476,000
Buildings and equipment (net)	896,000	966,000
Database	210,000	203,000
Total assets	$1,708,000	$2,031,200
Accounts payable	($196,000)	($140,000)
Bonds payable	(560,000)	(720,000)
Noncontrolling interest in Gill	(44,800)	(57,400)
Common stock	(140,000)	(160,000)
Additional paid-in capital	(247,800)	(267,800)
Retained earnings, December 31 (from above)	(519,400)	(686,000)
Total liabilities and stockholders' equity	($1,708,000)	($2,031,200)

Additional Information for 2017:

Bonds were issued by the parent for cash.

A building with a cost of $84,000 but a $42,000 book value was sold by the parent for cash. A gain on sale was recorded.

Equipment was purchased by the subsidiary for $245,000, using cash.

The parent issued common stock for cash. (Hint: The stock was sold above par.)

The subsidiary paid dividends of $14,000.

Required: Prepare a consolidated statement of cash flows using the indirect method for this business combination for the year ending December 31, 2017.