The comparative statements of financial position of Mikos Inc. as at December 31, 2017 and 2018, and its statement of earnings for the year ended December 31, 2018, are presented below:

The comparative statements of financial position of Mikos Inc. as at December 31, 2017 and 2018, and its statement of earnings for the year ended December 31, 2018, are presented below: MIKOS INC Comparative Statements of Financial Position December 31 2018 2017 Assets Cash Short-term investments Accounts receivable Inventories. at cost Prepaid expenses Land Property, plant, and equipment, net Intangible assets $ 10,000 $ 18,000 62,000 33,000 73.000 30,000 56,000 41,000 8,000 49.000 75,000 284,000 184,000 25,000 30,000 5.000 $ 564,000 $419,000 Liabilities and Shareholders' Equity Accounts payable Income tax payable Accrued liabilities Long-term notes payable Contributed capital Retained earnings $ 18,000 $ 42,000 2,000 8.000 11.000 120.000 170,000 220,000 65,000 187.000 140,000 $ 564,000 $419,000 MIKOS INC Statement of Earnings For the Year Ended December 31, 2018 $ 880,000 Sales Cost of sales Amortization expense-intangible assets Depreciation expense-property, plant, and equipment Operating expenses Interest expense S 440,000 5,000 34,000 231,000 13,000 723,000 Earnings before income taxes Income tax expense 157,000 47,100 Net earnings $ 109,900 Additional information is as follows a. Land was sold for cash at its carrying amount. b. The short-term investments will mature in February 2019 C. Cash dividends were declared and paid in 2018 d. New equipment with a cost of $167,000 was purchased for cash, and old equipment was sold at its carrying amount. e. Long-term notes of $15,000 were paid in cash, and notes of $35,000 were converted to shares Required: 1. Prepare a statement of cash flows for Mikos Inc. for the year ended December 31, 2018 by using the indirect method. (Negative answers should be indicated by a minus sign.)