The following are several items involving the cash flow activities of the Mueller Company for 2016:

1. Net income, $68,000
2. Increase in accounts receivable, $4,400
3. Receipt from sale of common stock, $12,300
4. Depreciation expense, $11,300
5. Dividends paid, $24,500
6. Payment for purchase of building, $65,000
7. Bond discount amortization, $2,700
8. Receipt from sale of long-term investments at cost, $10,600
9. Payment for purchase of equipment, $8,000
10. Receipt from sale of preferred stock, $20,000
11. Increase in income taxes payable, $3,500
12. Payment for purchase of land, $9,700
13. Decrease in accounts payable, $2,900
14. Increase in inventories, $10,300
15. Beginning cash balance, $18,000

Required:

Prepare Mueller Company's statement of cash flows for 2016. Use a minus sign for any negative amounts.

MUELLER COMPANY
Statement of Cash Flows
For Year Ended December 31, 2016
Operating Activities:
Net income	$
Adjustments for differences between income flows and cash flows from operating activities:
Add: Depreciation expense
Add: Bond discount amortization
Add: Increase in income taxes payable
Less: Increase in accounts receivable
Less: Increase in inventories
Less: Decrease in accounts payable
Net cash provided by operating activities		$
Investing Activities:
Payment for purchase of building	$
Payment for purchase of equipment
Payment for purchase of land
Receipt from sale of long-term investments
Net cash used for investing activities
Financing Activities:
Payment of dividends	$
Receipt from issuance of common stock
Receipt from issuance of preferred stock
Net cash provided by financing activities
Net increase in cash		$
Cash, January 1, 2016
Cash, December 31, 2016		$