Statement of cash flows-indirect method, beginning cash balance $54,000, accounts payable decrease $4,400, depreciation expense 194,400, accounts receivable increase 9,840, inventory increase 13,200, net income 340,920, cash received for sale of land at book value 42,000, cash dividends paid 14,400, income taxes payable increase 5,640, cash used to purchase building 346,800, cash used to purchase treasury stock 31,200, cash received from issuing bonds 240,000