Hunter Company Is developing Its annual financlal statements at December $31.$ The statements are complete except for the statement

of cash flows. The completed comparative balance sheets and income statement are summarized:

Additional Data:

a$.$ Bought equipment for cash, $$8,800.$

b$.$ Pald $$10,000$ on the long$-$term notes payable.

c$.$ Issued new shares of stock for $$21,000$ cash.

d$.$ Declared and pald a $$3,600$ cash dlvidend.

e$.$ Other expenses included depreclation, $$7,200$; salarles and wages, $$11,200$; taxes, $$4,200$; utilities, $$9,200.$

f$.$ Accounts Payable includes only Inventory purchases made on credit. Because there are no liability accounts relating to taxes or

other expenses, assume that these expenses were fully pald in cash.

Required:

Prepare the statement of cash flows for the year ended December $31$ using the Indirect method. $($Amounts to be deducted should

be indicated with a minus sign.$)$