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

	Dec. 31, 20Y2			Dec. 31, 20Y1
Assets
Cash	$ 728,800			$ 784,040
Accounts receivable (net)	663,210			604,900
Inventories	1,005,740			925,580
Prepaid expenses	23,320			27,690
Land	250,710			378,980
Buildings	1,158,790			714,220
Accumulated depreciation-buildings	(327,960)			(306,100)
Equipment	408,130			360,760
Accumulated depreciation-equipment	(112,240)			(126,080)
Total assets	$3,798,500			$3,363,990
Liabilities and Stockholders' Equity
Accounts payable (merchandise creditors)	$ 721,720			$ 761,600
Bonds payable	212,720			0
Common stock, $20 par	251,000			93,000
Excess of paid-in capital over par	601,000			443,000
Retained earnings	2,012,060			2,066,390
Total liabilities and stockholders equity	$3,798,500			$3,363,990

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			378,980
Apr. 20	Realized $119,300 cash from sale		128,270	250,710

ACCOUNT Buildings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance			714,220
Apr. 20	Acquired for cash	444,570		1,158,790

ACCOUNT Accumulated Depreciation-Buildings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				306,100
Dec. 31	Depreciation for year		21,860		327,960

ACCOUNT Equipment				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance			360,760
Jan. 26	Discarded, no salvage		39,700	321,060
Aug. 11	Purchased for cash	87,070		408,130

ACCOUNT Accumulated Depreciation-Equipment				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				126,080
Jan. 26	Equipment discarded	39,700			86,380
Dec. 31	Depreciation for year		25,860		112,240

ACCOUNT Bonds Payable				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
May 1	Issued 10-year bonds		212,720		212,720

ACCOUNT Common Stock, $20 par				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				93,000
Dec. 7	Issued 7,900 shares of common stock for $40 per share		158,000		251,000

ACCOUNT Paid-in Capital in Excess of Par-Common Stock				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				443,000
Dec. 7	Issued 7,900 shares of common stock for $40 per share		158,000		601,000

ACCOUNT Retained Earnings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				2,066,390
Dec. 31	Net loss	26,160			2,040,230
Dec. 31	Cash dividends	28,170			2,012,060

Required:

Prepare a statement of cash flows, using the indirect method of presenting cash flows from (used for) 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 (used for) operating activities:
DepreciationGain on sale of landLoss on sale of landNet lossRetained earnings	$- Select -
Adjustments to reconcile net loss to net cash flows from (used for) operating activities:
Decrease in accounts receivableDepreciationGain on sale of landIncrease in bonds payableIncrease in common stock	- Select -
Decrease in inventoriesGain on sale of landIncrease in accounts payableIncrease in prepaid expensesLoss on sale of land	- Select -
Changes in current operating assets and liabilities:
Decrease in accounts receivableDecrease in inventoriesDepreciationIncrease in accounts receivableIncrease in bonds payable	- Select -
Decrease in accounts receivableDecrease in bonds payableDecrease in inventoriesIncrease in accounts payableIncrease in inventories	- Select -
Decrease in inventoriesDecrease in prepaid expensesIncrease in accounts payableIncrease in common stockIncrease in prepaid expenses	- Select -
Decrease in accounts payableDecrease in inventoriesIncrease in accounts payableNet incomeRetained earnings	- Select -
Net cash flows used for operating activities		$fill in the blank 15
Cash flows from (used for) investing activities:
Cash received from issuing common stockCash received from sale of landDepreciationGain on sale of landLoss on sale of land	$- Select -
Cash paid for acquisition of buildingCash paid for bonds payableCash dividendsDepreciationLoss on sale of land	- Select -
Cash received from issuing common stockCash paid for purchase of equipmentDecrease in accounts receivableIncrease in accounts payableIncrease in inventories	- Select -
Net cash flows used for investing activities		fill in the blank 22
Cash flows from (used for) financing activities:
Cash received from decrease in accounts receivableCash received from decrease in prepaid expensesCash received from issuing bonds payableCash received from purchase of buildingCash received from purchase of equipment	$- Select -
Cash paid for accounts payableCash paid for acquisition of buildingCash paid for issuance of common stockCash received from customersCash received from issuing common stock	- Select -
Cash from net lossCash dividendsCash paid for purchase of buildingCash paid for purchase of equipmentNet income	- Select -
Net cash flows from financing activities		fill in the blank 29
DepreciationNet decrease in cashNet incomeNet increase in cashNet loss		$- Select -
Cash balance, January 1, 20Y2		fill in the blank 32
Cash balance, December 31, 20Y2		$fill in the blank 33