Dec. 31, 20Y9		Dec. 31, 20Y8
Assets
Cash		$236,920		$218,870
Accounts receivable (net)		85,830		78,610
Inventories		242,280		232,730
Investments		0		90,170
Land		124,270		0
Equipment		267,320		205,770
Accumulated depreciationequipment		(62,580)		(55,490)
Total assets		$894,040		$770,660
Liabilities and Stockholders' Equity
Accounts payable		$161,820		$151,820
Accrued expenses payable		16,090		20,040
Dividends payable		8,940		6,940
Common stock, $10 par		48,280		37,760
Excess of paid-in capital over par		181,490		104,810
Retained earnings		477,420		449,290
Total liabilities and stockholders' equity		$894,040		$770,660

Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows:

1. Equipment and land were acquired for cash.
2. There were no disposals of equipment during the year.
3. The investments were sold for $81,150 cash.
4. The common stock was issued for cash.
5. There was a $64,350 credit to Retained Earnings for net income.
6. There was a $36,220 debit to Retained Earnings for cash dividends declared.

Required:

Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments.