The comparative balance sheet for Sheridan Adventures Ltd., a private company reporting under ASPE, follows:

SHERIDAN ADVENTURES LTD. Balance Sheet December 31
Assets		2021			2020
Cash		$21,930			$6,426
Accounts receivable		38,760			43,350
Inventory		81,600			87,720
Prepaid expenses		6,120			2,550
Land		25,500			38,250
Equipment		137,700			96,900
Accumulated depreciation		(45,900	)		(20,400	)
Total assets		$265,710			$254,796
Liabilities and Shareholders Equity
Accounts payable		$21,930			$19,380
Dividends payable		3,825			2,550
Income taxes payable		1,275			3,060
Bonds payable		61,200			91,800
Common shares		105,570			85,170
Retained earnings		71,910			52,836
Total liabilities and shareholders equity		$265,710			$254,796

Additional information:
1.		Profit for 2021 was $35,649.
2.		Bonds payable of $30,600 were retired at maturity.
3.		Common shares were issued for $20,400.
4.		Land was sold at a loss of $5,100.
5.		No equipment was sold during 2021.
6.		Net sales for the year were $345,780.
7.		Cost of goods sold for the year was $224,298.
8.		Operating expenses (not including depreciation expense) were $40,800.
9.		Interest expense was $2,550.
10.		Income tax expense was $11,883.

Prepare a cash flow statement using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)