Statement of Cash Flows

The following are several items involving Tejera Companys cash flow activities for 2016:

Net income, $60,400

Receipt from issuance of common stock, $32,000

Payment for purchase of equipment, $41,500

Payment for purchase of land, $19,600

Depreciation expense, $20,500

Patent amortization expense, $1,200

Payment of dividends, $21,000

Decrease in salaries payable, $2,600

Increase in accounts receivable, $10,300

Beginning cash balance, $30,700

Required

Prepare Tejera's statement of cash flows for 2016 using the indirect method. Use a minus sign for any negative amounts.

Tejera Company
Statement of Cash Flows
For Year Ended December 31, 2016
Net Cash Flow From Operating Activities
	$
Adjustments for differences between income flows and cash flows from operating activities:
Net cash provided by operating activities		$
Cash Flows From Investing Activities
	$
Net cash used for investing activities
Cash Flows From Financing Activities
	$
Net cash provided by financing activities
		$
		$