The comparative balance sheet of Mavenir Technologies Inc. for December 31, 2016 and 2015, is shown as follows:

		Dec. 31, 2016		Dec. 31, 2015
Assets
Cash		$314,440		$293,510
Accounts receivable (net)		113,910		105,420
Inventories		321,550		312,110
Investments		0		120,920
Land		164,930		0
Equipment		354,780		275,940
Accumulated depreciationequipment		(83,060)		(74,410)
	Total	$1,186,550		$1,033,490
Liabilities and Stockholders' Equity
Accounts payable (merchandise creditors)		$214,770		$203,600
Accrued expenses payable (operating expenses)		21,360		26,870
Dividends payable		11,870		9,300
Common stock, $10 par		64,070		50,640
Paid-in capital: Excess of issue price over par-common stock		240,870		140,550
Retained earnings		633,610		602,530
	Total	$1,186,550		$1,033,490

The following additional information was taken from the records:

The investments were sold for $141,480 cash.

Equipment and land were acquired for cash.

There were no disposals of equipment during the year.

The common stock was issued for cash.

There was a $79,650 credit to Retained Earnings for net income.

There was a $48,570 debit to Retained Earnings for cash dividends declared.

Required:

Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.

Mavenir Technologies Inc.
Statement of Cash Flows
For the Year Ended December 31, 2016
Cash flows from operating activities:
		$
Adjustments to reconcile net income to net cash flow from operating activities:
Changes in current operating assets and liabilities:
Net cash flow from operating activities			$
Cash flows from investing activities:
		$
	$
Net cash flow used for investing activities
Cash flows from financing activities:
		$
Net cash flow from financing activities
			$
Cash at beginning of the year
Cash at end of the year			$