During $20$X$1,$ Jacinta Manufacturing Company $($JMC$)$ declared and paid cash dividends of $$10,000.$ Late in the year, JMC bought new welding machinery for a cash cost of $$125,000,$ financed partly by its first issue of long$-$term debt. Interest on the debt is payable annually. JMC sold several old machines for cash equal to their aggregate book value of $$5,000.$

PLEASE PREPARE A STATEMENT OF CASH FLOWS THAT INCLUDES A RECONCILIATION OF NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES IN THE BODY OF THE STATEMENT.

PLEASE MAKE A PROPER CASH FLOW STATEMENT WITH COLUMNS, ETC.

The company pays taxes in cash as incurred. The following data are in thousands:

Jacinta Manufacturing Company

Income Statement for the Year Ended December $31,20$X$1$

$\backslash$table$[[$Sales$,$$$490,],[$Cost of sales,$300,],[$Gross margin,$190,],[$Salaries$,$$$82,],[$Depreciation$,40,],[$Cash operating expenses,$15,],[$Interest$,2,{139}_{?}$