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	$	10,000		$	18,000
Short-term investments		62,000			33,000
Accounts receivable		73,000			30,000
Inventories, at cost		56,000			41,000
Prepaid expenses		5,000			8,000
Land		49,000			75,000
Property, plant, and equipment, net		284,000			184,000
Intangible assets		25,000			30,000
	$	564,000		$	419,000
Liabilities and Shareholders Equity
Accounts payable	$	18,000		$	42,000
Income tax payable		8,000			2,000
Accrued liabilities		11,000			-0-
Long-term notes payable		120,000			170,000
Contributed capital		220,000			65,000
Retained earnings		187,000			140,000
	$	564,000		$	419,000

MIKOS INC.
Statement of Earnings
For the Year Ended December 31, 2018
Sales				$	880,000
Cost of sales	$	440,000
Amortization expenseintangible assets		5,000
Depreciation expenseproperty, plant, and equipment		34,000
Operating expenses		231,000
Interest expense		13,000			723,000
Earnings before income taxes					157,000
Income tax expense					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.)

2.	Not available in Connect.

3.	Not available in Connect.