Situation: The following is a condensed trial balance of Probe Co., a publicly held company, after adjustments for income tax expense: Account Cash Accounts receivable, net Property, Plant & Equipment Accumulated Depreciation Dividends Payable Income Taxes Payable Deferred Income Tax Liability Bonds Payable Unamortized Premium on Bonds Common Stock Additional Paid In Capital Retained Earnings Sales Cost of Goods Sold Selling and Admin Exp Interest Income Interest Expense Depreciation Loss on Sale of Equipment Gain on extinguishment of bonds Income Tax Expense 12/31/10 Balance Dr. (Cr.) $484,000 670,000 1,070,000 (345,000) (25,000) (60,000) (63,000) (500,000) (71,000) (350,000) (430,000) (185,000) (2,420,000) 1,863,000 220,000 (14,000) 46,000 88,000 7,000 (90,000) 105,000 12/31/09 Balance Dr. (Cr.) $817,000 610,000 995,000 (280,000) (10,000) (150,000) (42,000) (1,000,000) (150,000) (150,000) (375,000) (265,000) Net Change Dr. (Cr.) $(333,000) 60,000 75,000 (65,000) (15,000) 90,000 (21,000) 500,000 79,000 (200,000) (55,000) 80,000 Additional Information: During 2010, sold equipment with an original cost of $50,000 for cash and purchased equipment costing $125,000 On January 1, 2010, bonds with a par value of $500,000 and related premium of $75,000 were retired. The $1,000 face value, 10% par bonds had been issued on January 1, 2001, to yield 8%. Interest is payable annually every December 31 through 2020. Probe's tax payments during 2010 were debited to Income Taxes Payable. Probe recorded a deferred income tax liability of $42,000 based on temporary differences of $120,000 and an enacted tax rate of 35% at December 31, 2009; prior to 2009 there were no temporary differences. Probe's 2010 financial statement income before income taxes was greater than its 2010 taxable income, due entirely to temporary differences, by $60,000. Probe's cumulative net taxable temporary differences at December 31, 2010, were $180,000. Probe's enacted tax rate for the current and future years is 35%. 60,000 shares of common stock, $2.50 par, were outstanding on December 31, 2009. Probe issued an additional 80,000 shares on April 1, 2010. There were no changes to retained earnings other than dividends declared. Prepare a statement of cash flows using the indirect method