Marchant Ltd. reported the following abbreviated statement of financial position and statement of income for 2020.

MARCHANT LTD. Comparative Statement of Financial Position
		Dec. 31, 2020		Dec. 31, 2019
Cash		$55,000		$67,000
Accounts receivable		120,000		144,000
Inventory		319,000		283,000
Property, plant, and equipment		695,000		657,000
Less: Accumulated depreciation		(262,000	)	(230,000	)
Total assets		$927,000		$921,000
Accounts payable		$80,000		$85,400
Wages payable		7,000		10,200
Loan payable		345,270		409,400
Common shares		206,000		152,000
Retained earnings		288,730		264,000
Total liabilities and shareholders equity		$927,000		$921,000

MARCHANT LTD. Statement of Income For the year ended December 31, 2020
Sales revenue				$448,000
Cost of goods sold				242,000
Gross profit				206,000
Other expenses:
Supplies expense		$14,000
Depreciation expense		32,000
Wages expense		101,000
Other operating expenses		5,000
Interest expense		25,000		177,000
				29,000
Other income				5,000
Net income				$34,000

(a)

Prepare a statement of cash flows for Marchant Ltd. for the year ended December 31, 2020, 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).)

Cash paid for interest		$Enter a dollar amount.