Stellar Inc. had the following balance sheet at December 31, 2019.

STELLAR INC. BALANCE SHEET DECEMBER 31, 2019
Cash		$21,100		Accounts payable		$31,100
Accounts receivable		22,300		Notes payable (long-term)		42,100
Investments		33,100		Common stock		101,100
Plant assets (net)		81,000		Retained earnings		24,300
Land		41,100				$198,600
		$198,600

During 2020, the following occurred.

1.		Stellar Inc. sold part of its debt investment portfolio for $15,216. This transaction resulted in a gain of $3,616 for the firm. The company classifies these investments as available-for-sale.
2.		A tract of land was purchased for $14,100 cash.
3.		Long-term notes payable in the amount of $16,216 were retired before maturity by paying $16,216 cash.
4.		An additional $20,216 in common stock was issued at par.
5.		Dividends of $8,416 were declared and paid to stockholders.
6.		Net income for 2020 was $33,100 after allowing for depreciation of $11,216.
7.		Land was purchased through the issuance of $36,100 in bonds.
8.		At December 31, 2020, Cash was $38,100, Accounts Receivable was $42,700, and Accounts Payable remained at $31,100.

(a)

Prepare a statement of cash flows for 2020. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)