The comparative balance sheet of Canace Products Inc. for December 31, 20Y6 and 20Y5, is as follows:

		Dec. 31, 20Y6		Dec. 31, 20Y5
Assets
Cash		$242,140		$224,980
Accounts receivable (net)		87,720		80,800
Inventories		247,610		239,250
Investments		0		92,690
Land		127,010		0
Equipment		273,200		211,520
Accumulated depreciation-equipment		(63,960)		(57,040)
	Total assets	$913,720		$792,200
Liabilities and Stockholders' Equity
Accounts payable		$165,380		$156,060
Accrued expenses payable		16,450		20,600
Dividends payable		9,140		7,130
Common stock, $10 par		49,340		38,820
Paid-in capital: Excess of issue price over par-common stock		185,490		107,740
Retained earnings		487,920		461,850
	Total liabilities and stockholders equity	$913,720		$792,200

The income statement for the year ended December 31, 20Y6, is as follows:

Sales					$1,398,840
Cost of merchandise sold					576,000
Gross profit					$822,840
Operating expenses:
	Depreciation expense		$6,920
	Other operating expenses		726,380
		Total operating expenses			733,300
Operating income					$89,540
Other expense:
		Loss on sale of investments			(25,030)
Income before income tax					$64,510
Income tax expense					20,640
Net income					$43,870

Additional data obtained from an examination of the accounts in the ledger for 20Y6 are as follows:

1. Equipment and land were acquired for cash.
2. There were no disposals of equipment during the year.
3. The investments were sold for $67,660 cash.
4. The common stock was issued for cash.
5. There was a $17,800 debit to Retained Earnings for cash dividends declared.

Required:

Prepare a statement of cash flows, using the direct 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.

Canace Products Inc.
Statement of Cash Flows
For the Year Ended December 31, 20Y6
Cash flows from operating activities:
	$
Net cash flow from operating activities		$
Cash flows from (used for) investing activities:
	$
Net cash flow used for investing activities
Cash flows from (used for) financing activities:
	$
Net cash flow from financing activities
		$
Cash at the beginning of the year
Cash at the end of the year		$