I need help with this problem, pleas make sure the answer are correct.

The following information is available for the Ehrens Corporation: EHRENS CORPORATION Balance Sheets At December 31 2015 $ 34,140 22,180 73,125 56,400 175,500 (33,550) $327,795 Assets: Cash Accounts receivable Merchandise inventory Land Building and Equipment Accumulated depreciation Total assets Liabilities: Accounts payable Incomes taxes payable Bonds payable Total liabilities Equity: Common stock Contributed capital in excess of pay Retained earnings Total equity Total liabilities and equity 2014 $ 23,040 29,400 61,710 56,400 145,500 (31,200) $284,850 $ 65,000 10,725 48,750 $124,475 $ 40,380 10,200 66,000 $116,580 117,000 13,000 73,320 $203,320 $327,795 96,000 9,000 63,270 $168,270 $284,850 EHRENS CORPORATION Income Statement For Year Ended December 31, 2015 Sales Cost of goods sold Depreciation expense Other operating expenses Interest expense Other gains (losses): Loss on sale of equipment Income before taxes Income taxes expense Net income $240,000 $80,900 29,400 48,000 2,000 (160,300) (8,400) 71,300 27,650 $ 43,650 Additional information: (1) Old equipment with an original cost of $37,550 was sold for $2,100 cash. (2) New equipment was purchased for $67,550 cash. (3) Bond payments of 17,250 cash were made. (4) Cash dividends of $33,600 were paid. (5) Additional shares of stock were issued for $25,000 cash. Prepare a complete statement of cash flows for calendar-year 2015 using the indirect method. EHREN COMPANY Statement of Cash Flows For Year Ended December 31, 2015 Cash flows from operating activities Net income........................................................................... _____________________________________________ ____ _____________________________________________ _____________________________________________ _____________________________________________ _____________________________________________ _____________________________________________ ____________________ Net cash _________ operating activities........................... Cash flows from investing activities _____________________________________________ _____________________________________________ ________ Net cash ________in investing activities.......................... Cash flows from financing activities _____________________________________________ _____________________________________________ _____________________________________________ ____________ Net cash _________ financing activities............................ Net _________ in cash........................................................... Cash balance at prior year-end............................................. Cash balance at current year-end......................................... BE SURE YOUR WORDS AND NUMBERS ARE LEGIBLE! Ehrens Corporation Statement of Cash Flows For Year Ended December 31, 2015 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Dcrease in accounts receivable ($22,180 - $29,400) Increase in inventory ($73,125 + $61,710) Increase in accounts payable ($65,000- $40,380) Increase in Income Taxes Payable ($10,725 - $10,200) Depreciation expense Loss on Sale of Equipment Net cash provided by operating activities Cash flows from investing activities Cash received from sale of equipment Cash paid for equipment Net cash used in investing activities Cash flows from financing activities Cash paid for dividends Stocks issued for cash Cash paid for redemption of bonds Net cash used in financing activities Net increase in cash Cash balance at beginning of 2005 Cash balance at end of 2005 $43,650 7,220 -11,415 24,620 525 29,400 8,400 $102,400 2,100 -67,550 -65,450 -33,600 25000 -17250 -25,850 $11,100 23,040 $34,140 * The Loss on Sale of equipment is the balancing figure since the problem states that the original cost of the equipment = $37,550 and the equipment was sold for $2,100. *The calculations of proceeds from sale of stock = ($117,000 - $96000)+($13,000 - $9,000)