The comparative unclassified statement of financial position for Carla Vista Ltd. follows:

CARLA VISTA LTD. Statement of Financial Position December 31
Assets		2018			2017
Cash		$55,000			$28,000
Accounts receivable		81,000			63,000
Inventory		183,000			203,500
Long-term investments		80,000			120,000
Equipment		285,000			156,000
Accumulated depreciation		(61,000	)		(37,000	)
Total assets		$623,000			$533,500
Liabilities and Shareholders Equity
Accounts payable		$32,000			$ 45,000
Bank loan payable		153,000			172,500
Common shares		219,000			176,000
Retained earnings		219,000			140,000
Total liabilities and shareholders equity		$623,000			$533,500

Additional information:

1.		Net income was $134,100.
2.		Sales were $998,000.
3.		Cost of goods sold was $758,000.
4.		Operating expenses were $45,000, exclusive of depreciation expense.
5.		Depreciation expense was $24,000.
6.		Interest expense was $15,000.
7.		Income tax expense was $27,000.
8.		Long-term investments were sold at a gain of $5,100.
9.		No equipment was sold during the year.
10.		$19,500 of the bank loan was repaid during the year.
11.		Common shares were issued for $43,000.

Prepare a statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)