Statement of Cash Flows

The following are several items involving the cash flow activities of the ROCKY HORROR PICTURE CO. for 2016:

1. Net income, $58,000
2. Payment of dividends, $16,300
3. Ten-year, $32,100 bonds payable were issued at face value
4. Depreciation expense, $15,500
5. Building acquired at a cost of $30,800
6. Accounts receivable decreased by $2,700
7. Accounts payable decreased by $4,700
8. Equipment acquired at a cost of $6,500
9. Inventories increased by $7,000
10. Beginning cash balance, $15,300

Required:

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

ROCKY HORROR PICTURE CO.
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:
		$
Cash Flows From Investing Activities
	$
Cash Flows From Financing Activities
	$
		$
		$