The following are Sullivan Corp.s comparative balance sheet accounts at December 31, 2014 and 2013, with a column showing the increase (decrease) from 2013 to 2014.

COMPARATIVE BALANCE SHEETS
		2014			2013			Increase (Decrease)
Cash		$815,000			$700,000			$115,000
Accounts receivable		1,128,000			1,168,000			(40,000	)
Inventory		1,850,000			1,715,000			135,000
Property, plant, and equipment		3,307,000			2,967,000			340,000
Accumulated depreciation		(1,165,000	)		(1,040,000	)		(125,000	)
Investment in Myers Co.		310,000			275,000			35,000
Loan receivable		250,000						250,000
Total assets		$6,495,000			$5,785,000			$710,000
Accounts payable		$1,015,000			$955,000			$60,000
Income taxes payable		30,000			50,000			(20,000	)
Dividends payable		80,000			100,000			(20,000	)
Lease liabililty		400,000						400,000
Common stock, $1 par		500,000			500,000
Paid-in capital in excess of parcommon stock		1,500,000			1,500,000
Retained earnings		2,970,000			2,680,000			290,000
Total liabilities and stockholders equity		$6,495,000			$5,785,000			$710,000

Additional information:

1.		On December 31, 2013, Sullivan acquired 25% of Myers Co.s common stock for $275,000. On that date, the carrying value of Myerss assets and liabilities, which approximated their fair values, was $1,100,000. Myers reported income of $140,000 for the year ended December 31, 2014. No dividend was paid on Myerss common stock during the year.
2.		During 2014, Sullivan loaned $300,000 to TLC Co., an unrelated company. TLC made the first semiannual principal repayment of $50,000, plus interest at 10%, on December 31, 2014.
3.		On January 2, 2014, Sullivan sold equipment costing $60,000, with a carrying amount of $38,000, for $40,000 cash.
4.		On December 31, 2014, Sullivan entered into a capital lease for an office building. The present value of the annual rental payments is $400,000, which equals the fair value of the building. Sullivan made the first rental payment of $60,000 when due on January 2, 2015.
5.		Net income for 2014 was $370,000.
6.		Sullivan declared and paid cash dividends for 2014 and 2013 as shown below.

		2014		2013
Declared		December 15, 2014		December 15, 2013
Paid		February 28, 2015		February 28, 2014
Amount		$80,000		$100,000

Prepare a statement of cash flows for Sullivan Corp. for the year ended December 31, 2014, using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)