The following are summary cash transactions that occurred during the year for Hilliard Healthcare Co. (HHC):

Cash received from:
Customers	$	720,000
Interest on note receivable		18,000
Collection of note receivable		160,000
Sale of land		46,000
Issuance of common stock		260,000
Cash paid for:
Interest on note payable		24,000
Purchase of equipment		150,000
Operating expenses		470,000
Dividends to shareholders		36,000

Prepare a statement of cash flows according to International Financial Reporting Standards? (Amounts to be deducted should be indicated with a minus sign.)