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

STRACKMAN LUX COMPANY Comparative Balance Sheets December 31
Assets	2012	2011
Cash	$71,000	$45,000
Accounts receivable	44,000	62,000
Inventory	151,450	142,000
Prepaid expenses	15,280	21,000
Land	105,000	130,000
Equipment	228,000	155,000
Accumulated depreciationequipment	(45,000	)	(35,000	)
Buildings	200,000	200,000
Accumulated depreciationbuildings	(60,000	)	(40,000	)
Total	$709,730		$680,000
Liabilities and Stockholders Equity
Accounts payable	$47,730	$40,000
Bonds payable	260,000	300,000
Common stock, $1 par	200,000	160,000
Retained earnings	202,000		180,000
Total	$709,730		$680,000

Additional information:

1.	Operating expenses include depreciation expense of $42,000and charges from prepaid expenses of $5,720.
2.	Land was sold for cash at book value.
3.	Cash dividends of $15,000were paid.
4.	Net income for 2012 was $37,000.
5.	Equipment was purchased for $95,000cash. In addition, equipment costing $22,000with a book value of $10,000was sold for $6,000cash.
6.	Bonds were converted at face value by issuing40,000shares of $1 par value common stock.

Prepare a statement of cash flows for the year ended December 31, 2012, 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).)