Statement of Cash Flows [LO1]

Some recent financial statements for Smolira Golf Corporation follow.

SMOLIRA GOLF CORPORATION
2020 and 2021 Balance Sheets
Assets	2020	2021	Liabilities and Owners Equity	2020	2021
Current assets			Current liabilities
Cash	$ 36,285	$ 39,584	Accounts payable	$ 40,132	$ 43,532
Accounts receivable	18,751	29,476	Notes payable	20,908	17,625
Inventory	4,180	43,392	Other	21,574	26,154
Total	$ 59,216	$ 112,452	Total	$ 82,614	$ 87,311
			Long-term debt	$ 124,500	$ 193,150
			Owners equity
			Common stock and paid-in surplus	$ 56,900	$ 56,900
			Accumulated retained earnings	261,592	297,574
Fixed assets
Net plant and equipment	$ 466,390	$ 522,483	Total	$ 318,492	$ 354,474
Total assets	$ 525,606	$ 634,935	Total liabilities and owners equity	$ 525,606	$ 634,935

SMOLIRA GOLF CORPORATION
2021 Income Statement
Sales		$ 515,954
Cost of goods sold		365,978
Depreciation		46,838
Earnings before interest and taxes		$ 103,138
Interest paid		21,583
Taxable income		$ 81,555
Taxes (24%)		19,573
Net income		$ 61,982
Dividends	$ 26,000
Retained earnings	35,982

Prepare the 2021 statement of cash flows for Smolira Golf Corp.(Negative answersshould be indicated by a minus sign.)