Statement of Cash FlowsIndirect Method

The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows:

	Dec. 31, 20Y2			Dec. 31, 20Y1
Assets
Cash	$ 690,380			$ 742,030
Accounts receivable (net)	628,250			573,020
Inventories	952,720			876,780
Prepaid expenses	22,090			26,230
Land	237,490			359,000
Buildings	1,097,700			676,570
Accumulated depreciation-buildings	(310,670)			(289,960)
Equipment	386,610			341,740
Accumulated depreciation-equipment	(106,320)			(119,440)
Total assets	$3,598,250			$3,185,970
Liabilities and Stockholders' Equity
Accounts payable (merchandise creditors)	$ 683,670			$ 721,450
Bonds payable	201,500			0
Common stock, $20 par	238,000			88,000
Paid-in capital: Excess of issue price over par-common stock	570,000			420,000
Retained earnings	1,905,080			1,956,520
Total liabilities and stockholders equity	$3,598,250			$3,185,970

The noncurrent asset, noncurrent liability, and stockholders' equity accounts for 20Y2 are as follows:

ACCOUNT Land				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance			359,000
Apr. 20	Realized $113,000 cash from sale		121,510	237,490

ACCOUNT Buildings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance			676,570
Apr. 20	Acquired for cash	421,130		1,097,700

ACCOUNT Accumulated Depreciation-Buildings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				289,960
Dec. 31	Depreciation for year		20,710		310,670

ACCOUNT Equipment				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance			341,740
Jan. 26	Discarded, no salvage		37,600	304,140
Aug. 11	Purchased for cash	82,470		386,610

ACCOUNT Accumulated Depreciation-Equipment				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				119,440
Jan. 26	Equipment discarded	37,600			81,840
Dec. 31	Depreciation for year		24,480		106,320

ACCOUNT Bonds Payable				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
May 1	Issued 10-year bonds		201,500		201,500

ACCOUNT Common Stock, $20 par				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				88,000
Dec. 7	Issued 7,500 shares of common stock for $40 per share		150,000		238,000

ACCOUNT Paid-in Capital in Excess of Par-Common Stock				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				420,000
Dec. 7	Issued 7,500 shares of common stock for $40 per share		150,000		570,000

ACCOUNT Retained Earnings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				1,956,520
Dec. 31	Net loss	24,770			1,931,750
Dec. 31	Cash dividends	26,670			1,905,080

Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments.

Please help me calculate the figures. Thank you so much!!!

Whitman Co. Statement of Cash Flows For the Year Ended December 31, 20Y2 Cash flows from operating activities: Net loss Adjustments to reconcile net loss to net cash flow from operating activities: Depreciation Loss on sale of land Changes in current operating assets and liabilities: Increase in accounts receivable Increase in inventories Decrease in prepaid expenses Decrease in accounts payable Net cash flow used for operating activities Cash flows from (used for) investing activities: Cash from land sold Cash used for acquisition of building Cash used for purchase of equipment Net cash flow used for investing activities Cash flows from (used for) financing activities: Cash from issuance of bonds payable $ Cash from issuance of common stock Cash used for dividends Net cash flow from financing activities Decrease in cash Cash at the beginning of the year Cash at the end of the year