Morgenson Software Inc. has assembled the following data for the year ended December 31,

2014.

			December 31,
			2014	2013
	Current Accounts:
	Current assets:
	Cash and cash equivalents. . . . . .		$80,800	$20,000
	Accounts receivable. . . . . . . . . . .		69,700	64,000
	Inventories. . . . . . . . . . . . . . . . . .		88,300	85,000
	Prepaid expenses. . . . . . . . . . . . .		3,600	2,000
	Current liabilities:
	Accounts payable. . . . . . . . . . . . .		57,700	55,700
	Income tax payable. . . . . . . . . . . .		18,600	17,100
	Accrued liabilities. . . . . . . . . . . . .		15,100	27,900

Transaction Data for 2014:
Acquisition of land by issuing			Repurchase of common shares. .			$14,300
	long-term note payable. . . . . .	$102,000	Loss on sale of equipment. . . . .			8,000
Stock dividends. . . . . . . . . . . . . .		31,800	Payment of cash dividends. . . . .			18,100
Collection of loan. . . . . . . . . . . . .		11,000	Issuance of long-term note
Depreciation expense. . . . . . . . . .		17,000	payable to borrow cash. . . . .			34,700
Purchase of building. . . . . . . . . . .		68,000	Net income. . . . . . . . . . . . . . . .			58,000
Repayment of bonds payable by			Issuance of common shares
	issuing common shares. . . . .	67,000	for cash. . . . . . . . . . . . . . . .			39,000
Purchase of long-term			Proceeds from sale of
investment. . . . . . . . . . . . . . .		45,200	equipment. . . . . . . . . . . . . .			58,600

Prepare Morgensen

Software Inc.'s statement of cash flows using the indirect method to report operating activities. Include an accompanying schedule of non-cash investing and financing activities. How much of the cash used for investing activities was provided by operations?

Start by completing the cash flows from operating activities. Then, continue with completing the investing and financing activities sections. Finally, determine the net increase (decrease) in cash. (Use a minus sign or parentheses for subtracting numbers that are typically shown enclosed in parentheses in a statement of cash flows.)

	Morgensen Software Inc.
	Statement of Cash Flows
	For the Year Ended December 31, 2014
	Cash flows from operating activities:
	Net income
	Adjustments to reconcile net income to
	net cash provided by operating activities:
	Depreciation
	Loss on sale of equipment
	Increase in accounts receivable
	Increase in inventories
	Increase in prepaid expenses
	Increase in accounts payable
	Increase in income tax payable
	Decrease in accrued liabilities
	Net cash provided by operating activities
	Cash flows from investing activities:
	Purchase of building
	Purchase of long-term investment
	Proceeds from sale of equipment
	Collection of loan
	Net cash used for investing activities

	Cash flows from financing activities:
	Issuance of common shares
	Issuance of long-term note payable
	Payment of cash dividends
	Repurchase of common shares
	Net cash provided by financing activities
	Net increase (decrease) in cash
	Cash balance, December 31, 2013
	Cash balance, December 31, 2014
	Non-cash investing and financing activities:
	Acquisition of land by issuing long-term
	note payable
	Repayment of bonds payable by issuing
	common shares
	Total non-cash investing and financing activities

How much of the cash used for investing activities was provided by operations?

Operations provided $__________ of the cash used in the investing activities.