The condensed income statement and comparative balance sheet of Donald Corporation as of December 31, 2019 and 2018, are provided below. Other financial data is also given.

DONALD CORPORATION Condensed Income Statement Year Ended December 31, 2019
Revenues	$	673,500
Costs and Expenses
Cost of Goods Sold		428,800
Salaries Expense		124,800
Depreciation Expense		14,800
Advertising Expense		14,700
Utilities Expense		17,800
Total Costs and Expenses	$	600,900
Net Income Before Income Taxes		72,600
Income Taxes Expense		18,150
Net Income After Income Taxes	$	54,450

DONALD CORPORATION Comparative Balance Sheet December 31, 2019 and 2018
Assets		2019				2018
Cash	$	79,050			$	69,000
Accounts Receivable (Net)		55,350				51,800
Merchandise Inventory		48,800				53,700
Prepaid Advertising		7,800				9,700
Property, Plant, and Equipment		120,000				98,000
Less: Accumulated Depreciation		(24,600	)			(9,800	)
Total Assets	$	286,400			$	272,400
Liabilities and Stockholders Equity
Liabilities
Accounts Payable		50,250				78,700
Salaries Payable		5,700				3,400
Unearned Revenues		3,900				6,200
Income Taxes Payable		7,800				4,800
Note Payable2021		0				28,000
Total Liabilities	$	67,650			$	121,100
Stockholders Equity
Common Stock ($2 par)		71,000				48,000
Retained Earnings		147,750				103,300
Total Stockholders Equity	$	218,750			$	151,300
Total Liabilities and Stockholders Equity	$	286,400			$	272,400

Additional information for the year that is pertinent to its preparation follows.

1. No items of property, plant, and equipment were disposed of during the year.
2. Paid cash for the additions to property, plant, and equipment during the year.
3. Paid $10,000 dividends on the common stock in cash during the year.
4. Issued common stock at par value for cash.
5. Paid cash to retire the long-term note payable.

Required: Prepare a statement of cash flows for Donald Corporation for 2019. (Amounts to be deducted should be indicated with a minus sign.)