Presented below are the consolidated working paper balances of Brush Inc., and its subsidiary Dam Corporation as of December 31, 2014 and 2015.

Assets	2015	2014	Net Change Increase (Decrease)
Cash	$313,000	$195,000	$118,000
Marketable equity securities (at cost)	175,000	175,000	0
Allowance to reduce marketable equity to market	(13,000)	(24,000)	11,000
Accounts receivable (net0	418,000	440,000	(22,000)
Inventories	595,000	525,000	70,000
Land	385,000	170,000	215,000
Plant and equipment	755,000	690,000	65,000
Accumulated depreciation	(199,000)	(145,000)	(54,000)
Goodwill	60,000	60,000	0
Total assets	$2,489,000	$2,086,000	$403,000
Liabilities and Stockholders Equity
Current portion of long term note	$150,000	$150,000	0
Accounts payable and accrued liabilities	595,000	474,000	121,000
Note payable long term	300,000	450,000	(150,000)
Deferred income taxes	44,000	32,000	12,000
Non-controlling interest net assets of subsidiary	179,000	161,000	18,000
Common stock ($10 par)	580,000	480,000	100,000
Additional paid-in capital in excess of par	303,000	180,000	123,000
Retained earnings	338,000	195,000	143,000
Treasury stock (at cost)		(36,000)	36,000
Total liabilities and stockholders equity	$2,489,000	$2,086,000	$403,000

Additional information:

a) On January 20 2015, Brush Inc., issues 10,000 shares of its common stock for land having a fair value of $215,000

b) On February 5, 2015, Brush reissues all of its treasury stock for $44,000

c) May 15, 2015, Brush pays a cash dividend of $58,000 on its common stock

d) On August 8, 2015, equipment is purchased for $127,000

e) On September 30, 2015, equipment is sold for $40,000. The equipment cost $62,000 and has a net book value of $34,000 on the date of the sale.

f) On December 15, 2015, Dam Corporation pays a cash dividend of $50,000 on its common stock

g) Deferred income taxes represent timing differences relating to the use of accelerated depreciation methods for income tax reporting and the straight-line method for financial reporting.

h) Net Income for 2015 is as follows:

Controlling interest in consolidated net income-----------------$201,000

Dam Corporation------------------------------------------------------110,000

i) Brush Inc., owns 70% of Dam Corporation. There is no change in ownership interest in Dam during 2014 and 2015. There are no intercompany transactions other than the dividend paid to Brush by its subsidiary.

Required:

Prepare the statement of cash flows for the consolidated company using the Indirect method. A cash analysis worksheet should be prepared to aid in the development of the statement. Any other supporting schedules should be in good form.