Kramerica Limited's comparative balance sheets at October 31, 2021 follow:

2021 2020 Cash $280,000 $155,000 Accounts receivable 755,000 560,000 Inventory 800,000 745,000 Buildings and equipment 1,810,000 1,720,000 Accumulated depreciation (560,000) (580,000) $3,085,000 $2,600,000 Accounts payable $360,000 $275,000 Interest payable 55,000 45,000 Income tax payable 30,000 20,000 Bonds payable 900,000 700,000 Common shares $1,350,000 $1,200,000 Retained earnings 390,000 360,000 $3,085,000 $2,600,000

Additional information:

Kramerica's income statement reported net income of $50,000. Included in that amount was a $5,000 loss on the retirement of bonds payable, a $15,000 loss on the disposal of equipment and depreciation expense of $95,000. On June 15, 2021 equipment with a cost of $160,000 and a book value of $45,000 was sold for $30,000. On May 1, 2021 Kramerica issued 5% bonds for a face value of $300,000. On July 31, 2021, bonds with a face value of $100,000 were retired for $105,000. On October 20, 2021 Kramerica declared and paid a common share cash dividend. Required:

Prepare a Statement of Cash Flows for Kramerica Limited for the year ending October 31, 2021 using the indirect method. Ignore supplemental disclosures.