Leviathan Manufacturing makes and sells integrated circuit boards. At the end of 2019, the income statement and comparative balance sheet were prepared as shown below.

Leviathan Manufacturing Balance Sheet As at February 28
	2019	2018
Assets
Current Assets
Cash	$269,060	$122,400
Accounts Receivable	$244,500	$266,200
Merchandise Inventory	$500,400	$453,100
Prepaid Expenses	$21,500	$21,500
Total Current Assets	$1,035,460	$863,200
Noncurrent Assets
Land		$17,900
Equipment	$349,100	$349,100
Less: Accumulated Depreciation	$-102,800	$-95,300
Total Noncurrent Assets	$246,300	$271,700
Total Assets	$1,281,760	$1,134,900
Liabilities
Current Liabilities
Accounts Payable	$308,400	$330,000
Notes Payable, Current Portion	$34,100	$19,000
Total Current Liabilities	$342,500	$349,000
Notes Payable, Long-Term Portion	$214,400	$185,500
Total Liabilities	$556,900	$534,500
Stockholders' Equity
Common Stock	$291,000	$250,000
Retained Earnings	$433,860	$350,400
Total Stockholders' Equity	$724,860	$600,400
Total Liabilities and Equity	$1,281,760	$1,134,900

Additional Information: During 2019, land was sold for a loss of $4,400. There was no purchase of equipment throughout the year. The company did not pay off any amount of the notes payable.

Leviathan Manufacturing Income Statement For the Year Ended February 28, 2019
Sales	$2,373,000
Cost of Goods Sold	$1,423,800
Gross Profit	$949,200
Operating Expenses
Depreciation Expense	$7,500
Other Operating Expenses	$716,900
Total Operating Expenses	$724,400
Income from Operations	$224,800
Other Income
Loss on Sale of Land	$-4,400
Income before Income Tax	$220,400
Income Tax	$77,140
Net Income	$143,260

Create the cash flow statement using the indirect method.

Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash.

Leviathan Manufacturing Cash Flow Statement For the Year Ended February 28, 2019
Cash Flow from Operating Activities
Net Income	Answer
Adjustments to Reconcile Net Income to Cash
Depreciation	Answer
Loss on Sale of Land	Answer
Change in Operating Assets and Liabilities
Decrease in Accounts Receivable	Answer
Increase in Merchandise Inventory	Answer
Decrease in Accounts Payable	Answer
Net Cash Provided (Used) by Operating Activities		Answer
Cash Flow from Investing Activities
Sale of Land	Answer
Net Cash Provided (Used) by Investing Activities		Answer
Cash Flow from Financing Activities
Proceeds from Notes Payable	Answer
Payment of Cash Dividend	Answer
Issue of Common Stock	Answer
Net Cash Provided (Used) by Financing Activities		Answer
Net Increase (Decrease) in Cash		Answer
Cash at the Beginning of the Year		Answer
Cash at the End of the Year		Answer