I need help preparing the 2015 statement of cash flow using both the direct and indirect method. I am struggling with where to start

ACCT: 2100 Introduction to Financial Accounting Statement of Cash Flow -- Exercise Timeless Company Statements of Financial Position (In thousands) Current assets: Cash and cash equivalents Available for sale securities Accounts receivable (net) Notes receivable Inventory Prepaid income tax expense Total current assets Property, plant and equipment (net) Intangible assets Total assets Current liabilities Trade accounts payable Accrued wages payable Interest payable Current portion of note payable Total current liabilities Notes payable Deferred revenue Long-term debt Total liabilities Stockholders' equity: Common stock, no par Retained earnings Accumulated other comprehensive income Total stockholders' equity Total liabilities and stockholders' equity 12/31/2015 12/31/2014 $25,700 2,950 17,850 1,500 10,250 1,350 59,600 52,600 250 $112,450 $6,000 2,500 17,700 4,000 12,300 1,100 43,600 43,600 400 $87,600 $5,150 3,200 1,300 1,500 11,150 5,750 7,500 28,500 52,900 $5,500 5,350 800 30,000 28,100 1,450 59,550 $112,450 20,000 22,950 1,000 43,950 $87,600 11,650 4,500 27,500 43,650 Timeless Company Statement of Income For the Year Ended December 31, 2015 (In thousands) $143,650 Sales (102,900) Cost of sales 40,750 Gross profit (16,900) Salaries and commissions (2,000) Bad debt expense (4,450) Depreciation and amortization Operating income 17,400 (6,350) Interest expense 800 Gain on sale of facility 550 Interest revenue Loss from patent infringement (150) lawsuit 12,250 Income before taxes 5,100 Provision for income taxes $7,150 Net income The following additional information is provided (thousands): a) Wrote off $3500 of accounts receivable when a customer filed for bankruptcy. The allowance for doubtful accounts was $6,000 and $4,500 at December 31 2014 and 2015 respectively. b) Collected payments of $1000 on a note receivable for the sale of inventory and $1500 on a note receivable for the sale of equipment. Both transactions occurred in 2013. Interest on these notes through December 31 totaling $550 was also collected. c) Sold a facility with a book value of $5,200 and original cost of $7,500 for $6,000 cash. d) Constructed a new facility for its own use and placed it in service. Accumulated expenditures during the year totaled $10,000. e) Purchased new equipment in exchange for a note payable of $8,500. Principal payments on the note totaled $1,250. f) Issued $6,000 of subordinated long-term debt. g) Depreciation totaled $4,300. The accumulated depreciation balance was $4,000 at 12/31/14 and $6,000 at 12/31/15. h) Amortization of intangible assets totaled $150. i) Paid $150 to settle a patent infringement lawsuit. j) Issued $10,000 of additional common stock of which $5,000 was issued for cash and $5,000 was issued upon conversion of long-term debt. k) Paid dividends of $2,000. Required: Using the data provided, prepare the 2015 statement of cash flow using both the direct and indirect formats for operating cash flows