The Amazing Company's accounting records revealed the following for the year ended December 31, 2016.

Aquizition of building	$ 250,000.00
Amortization of premium on bonds payable	$ 2,000.00
Decrease in deferred income tax liability	$ 8,000.00
Decrease in inventories	$ 6,000.00
Decrease in salaries payable	$ 2,000.00
Depreciation expense	$ 24,000.00
Dividends paid	$ 11,000.00
Loss on sale of land	$ 18,000.00
Increase in accounts payable	$ 14,000.00
Increase in accounts receivable	$ 5,000.00
Issuance of long-term bonds payable	$ 150,000.00
Net Income	$ 240,000.00
Patent Amortization Expense	$ 4,000.00
Preferred stock issued to convert bonds	$ 50,000.00
Retirement of bonds	$ 100,000.00
Proceeds from sale of land	$ 80,000.00
Ending cash balance	$ 400,000.00

Prepare Amazing Company's 2016 statement of cash flows using the indirect method. (be certain to include title, reconciliation of cash, and disclosure of non-cash transactions).