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		$57,900			$48,700
Accounts receivable		43,500			62,400
Inventory		149,000			144,400
Prepaid expenses		13,500			25,500
Land		100,400			133,400
Buildings		200,800			200,800
Accumulated depreciationbuildings		(58,200	)		(32,000	)
Equipment		228,300			155,400
Accumulated depreciationequipment		(42,500	)		(35,900	)
Total		$692,700			$702,700
Liabilities and Stockholders Equity
Accounts payable		$46,100			$39,800
Bonds payable		260,000			292,000
Common stock, $1 par		191,800			159,800
Retained earnings		194,800			211,100
Total		$692,700			$702,700

Additional information:

1.		Operating expenses include depreciation expense of $42,000 and charges from prepaid expenses of $12,000.
2.		Land was sold for cash at book value.
3.		Cash dividends of $62,200 were paid.
4.		Net income for 2017 was $45,900.
5.		Equipment was purchased for $94,500 cash. In addition, equipment costing $21,600 with a book value of $12,400 was sold for $5,600 cash.
6.		Bonds were converted at face value by issuing 32,000 shares of $1 par value common stock.

Prepare a statement of cash flows for the year ended December 31, 2017, using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)