Information is provided below from the statement of financial position and income statement for Pina Road Inc., an IFRS company, for the year ended December 31. Pina Road has adopted the policy of classifying interest paid as operating activities and dividends paid as financing activities. activities.

Comparative Statement of Financial Position, as of December 31
			2017			2016
Money			$81,700			$48,050
accounts receivable			91,800			37,800
Inventory			128.400			108,650
Investments in land			91,900			115,000
Property, plant and equipment			295.000			212,000
Accumulated depreciation			(48,500	)		(40.000	)
			$ 640,300			$ 481,500
Accounts payable			$54,500			$49,080
Accrued Obligations			12,300			19,630
Pay			144.000			76,000
Common actions			245.000			208,000
Retained earnings			184.500			128,790
			$ 640,300			$ 481,500
Income Statement, year ended December 31, 2017
Income
	Sales					$291,420
	Gain on sale of investment in land					5,000
	Gain on sale of equipment					8,870
						305,290
Bills
	cost of goods sold		$99,360
	depreciation expense		56,800
	operating expenses		14,730
	Income from tax expenses		38,700
	Interest expenses		2,820			212,410
Net Income						$ 92,880

Additional Information:

1.		Investments in land were sold at a profit during 2017.
2.		The $57,300 piece of equipment sold for $17,870, resulting in a profit.
3.		Common shares were issued in exchange for some equipment during the year. No other shares were issued.
4.		The rest of the equipment purchases were paid for in cash.

Prepare a statement of cash flows for the year ended December 31, 2017, using the indirect method. (Show the amounts that decrease cash flow with a - sign, such as -15,000, or in parentheses, such as (15,000).)