Refer to the following financial statements for Crosby Corporation:

CROSBY CORPORATION Income Statement For the Year Ended December 31, 20X2
Sales		$	3,330,000
Cost of goods sold			1,980,000
Gross profit		$	1,350,000
Selling and administrative expense			588,000
Depreciation expense			230,000
Operating income		$	532,000
Interest expense			81,600
Earnings before taxes		$	450,400
Taxes			161,000
Earnings after taxes		$	289,400
Preferred stock dividends			10,000
Earnings available to common stockholders		$	279,400
Shares outstanding			150,000
Earnings per share		$	1.86

Statement of Retained Earnings For the Year Ended December 31, 20X2
Retained earnings, balance, January 1, 20X2	$	829,500
Add: Earnings available to common stockholders, 20X2		279,400
Deduct: Cash dividends declared and paid in 20X2		187,000
Retained earnings, balance, December 31, 20X2	$	921,900

Comparative Balance Sheets For 20X1 and 20X2
	Year-End 20X1				Year-End 20X2
Assets
Current assets:
Cash		$	150,000			$	547,800
Accounts receivable (net)			540,000				551,000
Inventory			672,000				708,000
Prepaid expenses			65,200				32,400
Total current assets		$	1,427,200			$	1,839,200
Investments (long-term securities)			96,200				82,100
Gross plant and equipment	$ 2,850,000				$ 3,100,000
Less: Accumulated depreciation	1,870,000				2,100,000
Net plant and equipment			980,000				1,000,000
Total assets		$	2,503,400			$	2,921,300
Liabilities and Stockholders Equity
Current liabilities:
Accounts payable		$	306,000			$	593,000
Notes payable			510,000				510,000
Accrued expenses			74,900				51,400
Total current liabilities		$	890,900			$	1,154,400
Long-term liabilities:
Bonds payable, 20X2			193,000				255,000
Total liabilities		$	1,083,900			$	1,409,400
Stockholders equity:
Preferred stock, $100 par value		$	90,000			$	90,000
Common stock, $1 par value			150,000				150,000
Capital paid in excess of par			350,000				350,000
Retained earnings			829,500				921,900
Total stockholders equity		$	1,419,500			$	1,511,900
Total liabilities and stockholders equity		$	2,503,400			$	2,921,300

a. Prepare a statement of cash flows for the Crosby Corporation: (Amounts to be deducted should be indicated with parentheses or a minus sign.)