The comparative consolidated statement of financial position at December 31, Year 2, and the consolidated income statement for Year 2, of Parent Ltd. and its 70%-owned subsidiary, Sub, are shown below.

	Year 2	Year 1
Plant and equipment	$6,250,000	$6,000,000
Accumulated depreciation	(2,650,000)	(2,250,000)
Goodwill	553,500	592,000
Inventory	1,020,100	499,000
Accounts receivable	627,000	723,800
Cash	525,500	344,000
	$6,326,100	$5,908,800
Ordinary shares	$800,000	$800,000
Retained earnings	996,200	529,000
Non-controlling interest	526,700
Long-term liabilities	3,603,000	3,369,800
Current liabilities	400,200	1,210,000
	$6,326,100	$5,908,800
Revenues	$8,590,000
Cost of purchases and other expenses	8,181,100
Change in inventory	(521,100)
Depreciation	400,000
Goodwill impairment loss	38,500
	8,098,500
Profit	$ 491,500
Attributable to
Shareholders of Parent	$ 452,200
Non-controlling interest	39,300

Additional Information

• On December 31, Year 1, Parent owned 100% of Sub. On this date, the shareholders equity of Sub amounted to $1,129,000, and the parents undepleted acquisition differential of $592,000 was allocated entirely to the goodwill of Sub.
• On January 1, Year 2, Parent sold 30% of its shares of Sub for $638,000 cash and recorded an increase to retained earnings of $121,700 on the transaction. Parent uses the equity method to account for its investment.
• Parent paid $106,700 in dividends during Year 2.

required

Prepare, in good form, a consolidated cash flow statement for Year 2 in accordance with the requirements of IAS 7. (Negative amounts should be indicated by a minus sign.)