Please help!! looking for explanation and accuracy! Thanks!!

Selected financial statement information and additional data for Singh Inc. is presented below. Singh Inc. Balance Sheet and Income Statement Data December 31, 2015 Current Assets: Cash $ 153,000 Accounts Receivable 238,000 Inventory 391,000 Total Current Assets 782,000 $ 119,000 307,000 340,000 756,000 Property, Plant, and Equipment Less: Accumulated Depreciation Total Assets 1,241,000 (476,000) $1,547,000 1,122,000 (442,000) $1,446,000 $ 186,000 52,000 85,000 323,000 $ 102,000 69,000 75,500 246,500 340,000 663,000 391,000 637,500 510,000 374,000 884,000 $1,547,000 467,500 341,000 808,500 $1,446,000 $1,615,000 731,000 884,000 $1,513,000 731,000 782,000 153,000 391,000 34,000 17,000 289,000 119,000 $ 170,000 136,000 357,000 34,000 0 255,000 102,000 $ 153,000 Current Liabilities: Accounts Payable Notes Payable Income Tax Payable Total Current Liabilities Bonds Payable Total Liabilities Stockholders' Equity: Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity Sales Less Cost of Goods Sold Gross Profit Expenses: Depreciation Expense Salary Expense Interest Expense Loss on Sale of Equipment Income Before Taxes Less Income Tax Expense Net Income December 31, 2014___ Additional Information: During the year, Singh sold equipment with an original cost of $153,000 and accumulated depreciation of $119,000 and purchased new equipment for $272,000. Prepare the Operating Section of Statement of Cash Flows using the Indirect method for Singh for the year ending December 31, 2015