On June 30, 2021, Plaster, Inc., paid $876,000 for 80 percent of Stucco Company's outstanding stock. Plaster assessed the acquisition-date fair value of the 20 percent noncontrolling interest at $219,000. At acquisition date, Stucco reported the following book values for its assets and liabilities:

Cash	$	57,300
Accounts receivable		121,500
Inventory		194,400
Land		62,400
Buildings		167,900
Equipment		287,600
Accounts payable		(33,500	)

(Parentheses indicate credit balances.)

On June 30, Plaster allocated the excess acquisition-date fair value over book value to Stucco's assets as follows:

Equipment (3-year remaining life)	$	71,600
Database (10-year remaining life)		165,800

At the end of 2021, the following comparative (2020 and 2021) balance sheets and consolidated income statement were available:

	Plaster, Inc. December 31, 2020				Consolidated December 31, 2021
Cash	$	40,500			$	228,700
Accounts receivable (net)		340,800				457,100
Inventory		390,900				677,800
Land		282,600				345,000
Buildings (net)		230,700				348,600
Equipment (net)		1,695,000				1,927,500
Database		0				157,510
Total assets	$	2,980,500			$	4,142,210
Accounts payable	$	75,600			$	101,100
Long-term liabilities		378,000				1,106,480
Common stock		1,701,000				1,701,000
Noncontrolling interest		0				241,400
Retained earnings		825,900				992,230
Total liabilities and equities	$	2,980,500			$	4,142,210

PLASTER, INC., AND SUBSIDIARY STUCCO COMPANY Consolidated Income Statement For the Year Ended December 31, 2021
Revenues				$	1,149,000
Cost of goods sold	$	695,900
Depreciation		176,700
Database amortization		8,290
Interest and other expenses		9,300			890,190
Consolidated net income				$	258,810

Additional Information for 2021

• On December 1, Stucco paid a $50,400 dividend. During the year, Plaster paid $60,000 in dividends.
• During the year, Plaster issued $728,480 in long-term debt at par.
• Plaster reported no asset purchases or dispositions other than the acquisition of Stucco.

Prepare a 2021 consolidated statement of cash flows for Plaster and Stucco. Use the indirect method of reporting cash flows from operating activities. (Negative amounts and amounts to be deducted should be indicated by a minus sign.)