The comparative balance sheet of Whitman Co. at December 31, 20Y2 and 20Y1, is as follows:

	Dec. 31, 20Y2			Dec. 31, 20Y1
Assets
Cash	$ 761,710			$ 821,800
Accounts receivable (net)	693,160			632,220
Inventories	1,051,160			967,370
Prepaid expenses	24,370			28,940
Land	262,030			396,090
Buildings	1,211,120			746,480
Accumulated depreciation-buildings	(342,770)			(319,920)
Equipment	426,560			377,050
Accumulated depreciation-equipment	(117,300)			(131,780)
Total assets	$3,970,040			$3,518,250
Liabilities and Stockholders' Equity
Accounts payable (merchandise creditors)	$ 754,310			$ 795,990
Bonds payable	222,320			0
Common stock, $20 par	261,000			97,000
Paid-in capital: Excess of issue price over par-common stock	627,000			463,000
Retained earnings	2,105,410			2,162,260
Total liabilities and stockholders equity	$3,970,040			$3,518,250

The noncurrent asset, noncurrent liability, and stockholders' equity accounts for 20Y2 are as follows:

ACCOUNT Land				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance			396,090
Apr. 20	Realized $124,700 cash from sale		134,060	262,030

ACCOUNT Buildings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance			746,480
Apr. 20	Acquired for cash	464,640		1,211,120

ACCOUNT Accumulated Depreciation-Buildings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				319,920
Dec. 31	Depreciation for year		22,850		342,770

ACCOUNT Equipment				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance			377,050
Jan. 26	Discarded, no salvage		41,500	335,550
Aug. 11	Purchased for cash	91,010		426,560

ACCOUNT Accumulated Depreciation-Equipment				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				131,780
Jan. 26	Equipment discarded	41,500			90,280
Dec. 31	Depreciation for year		27,020		117,300

ACCOUNT Bonds Payable				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
May 1	Issued 10-year bonds		222,320		222,320

ACCOUNT Common Stock, $20 par				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				97,000
Dec. 7	Issued 8,200 shares of common stock for $40 per share		164,000		261,000

ACCOUNT Paid-in Capital in Excess of Par-Common Stock				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				463,000
Dec. 7	Issued 8,200 shares of common stock for $40 per share		164,000		627,000

ACCOUNT Retained Earnings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				2,162,260
Dec. 31	Net loss	27,370			2,134,890
Dec. 31	Cash dividends	29,480			2,105,410

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 outflows, cash payments, decreases in cash, or any negative adjustments.

Whitman Co.
Statement of Cash Flows
For the Year Ended December 31, 20Y2
Cash flows from operating activities:
	$
Adjustments to reconcile net loss to net cash flow from operating activities:
Changes in current operating assets and liabilities:
Net cash flow used for 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		$