The following information is available for Blossom Company for the year ended December 31, 2017.

Beginning cash balance		$ 47,610
Accounts payable decrease		3,915
Depreciation expense		171,396
Accounts receivable increase		8,676
Inventory increase		11,638
Net income		300,578
Cash received for sale of land at book value		37,030
Cash dividends paid		12,696
Income taxes payable increase		4,973
Cash used to purchase building		305,762
Cash used to purchase treasury stock		27,508
Cash received from issuing bonds		211,600

Prepare a statement of cash flows 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).)