Here are comparative balance sheets for Velo Company.

Velo Company Comparative Balance Sheets December 31
Assets		2020			2019
Cash		$73,200			$33,400
Accounts receivable		86,000			71,500
Inventory		170,500			186,600
Land		72,800			100,900
Equipment		259,100			199,300
Accumulated depreciationequipment		(65,600	)		(34,400	)
Total		$596,000			$557,300
Liabilities and Stockholders Equity
Accounts payable		$35,000			$47,100
Bonds payable		150,800			203,600
Common stock ($1 par)		214,100			176,000
Retained earnings		196,100			130,600
Total		$596,000			$557,300

Additional information:

1.		Net income for 2020 was $104,900.
2.		Cash dividends of $39,400 were declared and paid.
3.		Bonds payable amounting to $52,800 were redeemed for cash $52,800.
4.		Common stock was issued for $38,100 cash.
5.		No equipment was sold during 2020, but land was sold at cost.

Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000, or in parenthesis e.g. (15,000).)

I believe that I have the correct answer so far, but want to make sure it's correct, and I'm stuck on the last part.

For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income 104,900 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense 31,600 Decrease in Inventory 16,100 Increase in Accounts Receivable -14,500 Decrease in Accounts Payable -12,100 126,000 Net Cash Provided by Operating Activities 126,000 Cash Flows from Investing Activities Purchase of Equipment -59,800 Sale of Land 28,100 Net Cash Used by Financing Activities -31,700 Cash Flows from Financing Activities Payment of Cash Dividends -39,400 Redemption of Bonds -52,800 Issuance of Common Stock 38,100 Net Cash Used by Financing Activities -54,100 Net Increase in Cash 40,200 Cash at Beginning of Period Cash at End of Period