The comparative balance sheets for 2016 and 2015 and the statement of income for 2016 are given below for Wright Company. Additional information from Wright's accounting records is provided also.

WRIGHT COMPANY Comparative Balance Sheets December 31, 2016 and 2015 ($ in 000s)
	2016		2015
Assets
Cash	$	149	$	125
Accounts receivable		167		170
Short-term investment		64		25
Inventory		168		165
Land		126		155
Buildings and equipment		785		590
Less: Accumulated depreciation		(229)		(170)
	$	1,230	$	1,060
Liabilities
Accounts payable	$	50	$	54
Salaries payable		3		4
Interest payable		6		4
Income tax payable		5		10
Notes payable		0		39
Bonds payable		368		290
Shareholders' Equity
Common stock		460		390
Paid-in capitalexcess of par		219		195
Retained earnings		119		74
	$	1,230	$	1,060

WRIGHT COMPANY Income Statement For Year Ended December 31, 2016 ($ in 000s)
Revenues:
Sales revenue			$	680
Expenses:
Cost of goods sold	$	320
Salaries expense		90
Depreciation expense		59
Interest expense		11
Loss on sale of land		3
Income tax expense		97		580
Net income			$	100

Additional information from the accounting records:
a.	Land that originally cost $29,000 was sold for $26,000.
b.	The common stock of Microsoft Corporation was purchased for $39,000 as a short-term investment not classified as a cash equivalent.
c.	New equipment was purchased for $195,000 cash.
d.	A $39,000 note was paid at maturity on January 1.
e.	On January 1, 2016, bonds were sold at their $78,000 face value.
f.	Common stock ($70,000 par) was sold for $94,000.
g.	Net income was $100,000 and cash dividends of $55,000 were paid to shareholders.

Required:

Prepare the statement of cash flows of Wright Company for the year ended December 31, 2016. Present cash flows from operating activities by the direct method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (i.e., 5,000 should be entered as 5).)