Presented below are data taken from the records of Cullumber Company.

		December 31, 2017		December 31, 2016
Cash		$15,000		$8,000
Current assets other than cash		85,100		59,600
Long-term investments		10,000		52,800
Plant assets		337,000		213,700
		$447,100		$334,100
Accumulated depreciation		$20,200		$40,200
Current liabilities		39,800		21,900
Bonds payable		74,900		0
Common stock		253,000		253,000
Retained earnings		59,200		19,000
		$447,100		$334,100

Additional information:

1.		Held-to-maturity securities carried at a cost of $42,800 on December 31, 2016, were sold in 2017 for $33,800. The loss (not unusual) was incorrectly charged directly to Retained Earnings.
2.		Plant assets that cost $50,200 and were 80% depreciated were sold during 2017 for $7,900. The loss was incorrectly charged directly to Retained Earnings.
3.		Net income as reported on the income statement for the year was $57,400.
4.		Dividends paid amounted to $6,060.
5.		Depreciation charged for the year was $20,160.

Prepare a statement of cash flows for the year 2017 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).)

Prepare a statement of cash flows for the year 2017 using the indirect method. (Show amounts that decrease cash flow with either a -sign e.g. -15,000 or in parenthesis e.g. (15,0oo).) CULLUMBER COMPANY Statement of Cash Flows Adjustments to reconcile net income to