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

ROTHLISBERGER COMPANY Comparative Balance Sheets December 31
Assets		2017			2016
Cash		$58,200			$46,000
Accounts receivable		41,100			63,400
Inventory		148,900			145,600
Prepaid expenses		15,000			27,600
Land		101,900			133,300
Buildings		200,200			200,200
Accumulated depreciationbuildings		(60,300	)		(33,600	)
Equipment		228,500			155,400
Accumulated depreciationequipment		(42,600	)		(36,300	)
Total		$690,900			$701,600
Liabilities and Stockholders Equity
Accounts payable		$46,000			$39,700
Bonds payable		260,000			293,600
Common stock, $1 par		193,600			160,000
Retained earnings		191,300			208,300
Total		$690,900			$701,600

Additional information:

1.		Operating expenses include depreciation expense of $42,000 and charges from prepaid expenses of $12,600.
2.		Land was sold for cash at book value.
3.		Cash dividends of $61,000 were paid.
4.		Net income for 2017 was $44,000.
5.		Equipment was purchased for $94,900 cash. In addition, equipment costing $21,800 with a book value of $12,800 was sold for $5,900 cash.
6.		Bonds were converted at face value by issuing 33,600 shares of $1 par value common stock.

Prepare a statement of cash flows for the year ended December 31, 2017, using the indirect method.