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

	Dec. 31, 20Y2			Dec. 31, 20Y1
Assets
Cash	$ 894,320			$ 961,850
Accounts receivable (net)	813,830			742,290
Inventories	1,234,160			1,135,790
Prepaid expenses	28,620			33,980
Land	307,650			465,050
Buildings	1,421,970			876,430
Accumulated depreciation-buildings	(402,440)			(375,610)
Equipment	500,820			442,690
Accumulated depreciation-equipment	(137,730)			(154,720)
Total assets	$4,661,200			$4,127,750
Liabilities and Stockholders' Equity
Accounts payable (merchandise creditors)	$ 885,630			$ 934,560
Bonds payable	261,030			0
Common stock, $20 par	308,000			114,000
Excess of paid-in capital over par	738,000			544,000
Retained earnings	2,468,540			2,535,190
Total liabilities and stockholders equity	$4,661,200			$4,127,750

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			465,050
Apr. 20	Realized $146,400 cash from sale		157,400	307,650

ACCOUNT Buildings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance			876,430
Apr. 20	Acquired for cash	545,540		1,421,970

ACCOUNT Accumulated Depreciation-Buildings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				375,610
Dec. 31	Depreciation for year		26,830		402,440

ACCOUNT Equipment				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance			442,690
Jan. 26	Discarded, no salvage		48,700	393,990
Aug. 11	Purchased for cash	106,830		500,820

ACCOUNT Accumulated Depreciation-Equipment				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				154,720
Jan. 26	Equipment discarded	48,700			106,020
Dec. 31	Depreciation for year		31,710		137,730

ACCOUNT Bonds Payable				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
May 1	Issued 20-year bonds		261,030		261,030

ACCOUNT Common Stock, $20 par				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				114,000
Dec. 7	Issued 9,700 shares of common stock for $40 per share		194,000		308,000

ACCOUNT Paid-in Capital in Excess of Par-Common Stock				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				544,000
Dec. 7	Issued 9,700 shares of common stock for $40 per share		194,000		738,000

ACCOUNT Retained Earnings				ACCOUNT NO.
				Balance
Date	Item	Debit	Credit	Debit	Credit
20Y2
Jan. 1	Balance				2,535,190
Dec. 31	Net loss	32,090			2,503,100
Dec. 31	Cash dividends	34,560			2,468,540

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