Presented below are the financial statements of Nosker Company.

NOSKER COMPANY Comparative Balance Sheets December 31
Assets	2014	2013
Cash	$34,420	$19,250
Accounts receivable	32,890	19,220
Inventory	26,940	20,770
Equipment	59,430	77,520
Accumulated depreciationequipment	(29,950	)	(23,690	)
Total	$123,730	$113,070
Liabilities and Stockholders Equity
Accounts payable	$28,500	$16,860
Income taxes payable	7,380	8,260
Bonds payable	26,280	32,490
Common stock	18,570	14,010
Retained earnings	43,000	41,450
Total	$123,730	$113,070

NOSKER COMPANY Income Statement For the Year Ended December 31, 2014
Sales revenue	$242,110
Cost of goods sold	175,720
Gross profit	66,390
Operating expenses	24,740
Income from operations	41,650
Interest expense	3,650
Income before income taxes	38,000
Income tax expense	7,690
Net income	$30,310

Additional data:

1.	Dividends declared and paid were $28,760.
2.	During the year equipment was sold for $8,310 cash. This equipment cost $18,090 originally and had a book value of $8,310 at the time of sale.
3.	All depreciation expense, $16,040, is in the operating expenses.
4.	All sales and purchases are on account.

Further analysis reveals the following.

1.	Accounts payable pertain to merchandise suppliers.
2.	All operating expenses except for depreciation were paid in cash.

Prepare a statement of cash flows for Nosker Company using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Nosker Company Statement of Cash Flows For the Year Ended December 31, 2014
Cash Flows from Operating Activities
Cash Receipts from Customers	$
Less cash payments:
To Suppliers	$
For Operating Expenses
For Income Taxes
For Interest	3650
Net Cash Provided by Operating Activities
Cash Flows from Investing Activities
Cash Flows from Financing Activities
Redemption of Bonds
Net Cash used by Financing Activities
Net Increase in Cash
Cash at Beginning of Period
Cash at End of Period	$