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Jobim Inc., had the following condensed balance sheet at the end of operations for 2013. During 2014, the following occurred. A tract of land was

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Jobim Inc., had the following condensed balance sheet at the end of operations for 2013. During 2014, the following occurred. A tract of land was purchased for $10,730. Bonds payable in the amount of $19,840 were retired at par. An additional $10,040 in capital stock was issued at par. Dividends totaling $9,326 were paid to stockholders. Net income was $30,050 after deducting depreciation of $13,770. Land was purchased through the issuance of $22,160 in bonds. Jobim Inc. sold part of its investment portfolio for $13,000. This transaction resulted in a gain of $2,070 for the company. The company classifies the investments as available-for-sale. Both current assets (other than cash) and current liabilities remained at the same amount. Prepare a statement of cash flows for 2014 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).)

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