Funnybone Corporations recent comparative balance sheet and income statement follow. Balance Sheet, December 31 2020 2021 Assets Cash and cash equivalents $ 95,200 $ 93,800 Accounts receivable (net) 33,600 47,600 Inventory 44,800 39,200 Investment, long-term 16,800 Fixed assets 224,000 274,400 Accumulated depreciation (134,400) (109,200) Total assets $280,000 $345,800 Liabilities and Stockholders' Equity Accounts payable $ 53,200 $ 33,600 Salaries payable 28,000 84,000 Bonds payable 140,000 182,000 Common stock (no-par) 58,800 78,400 Retained earnings (32,200) Total liabilities and stockholders' equity $280,000 $345,800 Income Statement For Year Ended, December 31 2021 Sales revenue $196,000 Cost of goods sold (117,600) Gross margin 78,400 Depreciation expense (14,000) Other operating expenses (50,400) Gain on sale of investments 8,400 Loss on sale of fixed assets (2,800) Net income $ 19,600 Analysis of selected accounts and transactions Sold fixed assets for cash; cost, $58,800, and two-thirds depreciated. Purchased fixed assets for cash, $25,200. Purchased fixed assets; exchanged unissued bonds of $84,000 (face value and fair value) in payment. Sold the long-term investments for cash. Assume carrying value of the investment is equal to its original purchase price. Purchased treasury stock for cash, $32,200. Retired bonds payable at maturity date by issuing common stock, $28,000. Sold unissued common stock for cash, $14,000.

Prepare the statement of cash flows in good form for Funnybone Corporation for the year ended December 31, 2021, assuming the indirect method in presenting cash flows from operating activities.