On June 30, 2021, Plaster, Inc., paid $980,000 for 80 percent of Stucco Company's outstanding stock. Plaster assessed the acquisition-date fair value of the 20 percent noncontrolling interest at $245,000. At acquisition date, Stucco reported the following book values for its assets and liabilities:

Cash	$	64,000
Accounts receivable		135,800
Inventory		217,400
Land		69,800
Buildings		187,800
Equipment		321,600
Accounts payable		(37,400	)

(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)	$	79,800
Database (10-year remaining life)		186,200

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	$	45,400			$	256,400
Accounts receivable (net)		382,000				512,500
Inventory		438,200				759,900
Land		316,800				386,600
Buildings (net)		258,600				396,400
Equipment (net)		1,900,000				2,153,500
Database		0				176,890
Total assets	$	3,341,000			$	4,642,190
Accounts payable	$	84,800			$	113,400
Long-term liabilities		424,000				1,334,680
Common stock		1,908,000				1,908,000
Noncontrolling interest		0				270,700
Retained earnings		924,200				1,015,410
Total liabilities and equities	$	3,341,000			$	4,642,190

PLASTER, INC., AND SUBSIDIARY STUCCO COMPANY Consolidated Income Statement For the Year Ended December 31, 2021
Revenues				$	1,287,800
Cost of goods sold	$	779,900
Depreciation		197,900
Database amortization		9,310
Interest and other expenses		10,500			997,610
Consolidated net income				$	290,190

Additional Information for 2021

• On December 1, Stucco paid a $46,400 dividend. During the year, Plaster paid $164,000 in dividends.
• During the year, Plaster issued $910,680 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.)