The comparative balance sheets for Ashley Company as of December 31 are presented below.

ASHLEY COMPANY
Comparative Balance Sheets
December 31
Assets	2013		2012
Cash	$70,600		$45,220
Accounts receivable	43,599		61,607
Inventory	151,897		141,806
Prepaid expenses	15,290		21,335
Land	105,700		130,600
Equipment	228,359		155,043
Acc. depr. - equipment	(45,192)		(35,358)
Building	199,500		199,500
Acc. depr. - building	(59,850)		(39,900)
Total	$709,903		$679,853
Liabilities and Stockholders' Equity
Accounts payable	$47,460		$39,754
Bonds payable	261,050		300,300
Common stock, $1 par	197,650		158,400
Retained earnings	203,743		181,399
Total	$709,903		$679,853

Additional information:

1. Operating expenses include depreciation expense of $41,747 and charges from prepaid expenses of $6,045.
2. Land was sold for cash at book value.
3. Cash dividends of $14,684 were paid.
4. Net income for 2011 was $37,028.
5. Equipment was purchased for cash. In addition, equipment costing $22,162 with a book value of $10,199 was sold for $6,272 cash.
6. Bonds were converted at face value by issuing 39,250 shares of $1 par value common stock.

Instructions: Prepare a statement of cash flows for the year ended December 31, 2013, using the indirect method.