The accountant of Kara Enterprises has just finished preparing the consolidated balance sheet, income statement, and retained earnings statement for Year 2, and has asked you for assistance in preparing the consolidated cash flow statement. Kara has only one subsidiary, which is 80% owned, and in addition has a long-term investment of 45% in the outstanding shares of Pacific Finance Co. The following items have been prepared from the analysis of the Year 2 consolidated statements:

Decrease in accounts receivable $25,000

Increase in accounts payable 3,000

Increase in inventory 15,000

Equity earnings from Pacific Finance 90,000

Increase in bonds payable 120,000

Building purchased for cash 580,000

Depreciation reported for current period 73,000

Gain recorded on sale of equipment 8,000

Carrying amount of equipment sold 37,000

Goodwill impairment loss 3,000

Dividends received from Pacific Finance 25,000

Net income attributable to Kara's shareholders 450,000

Net income attributable to non-controlling interest 14,000

Dividends paid by parent company 60,000

Dividends paid by subsidiary company 30,000

Cash balance, January 1, Year 2 42,000

Required: Prepare the consolidated cash flow statement.