The following information is provided for Sunlands Chocolate Company:

SUNLAND CHOCOLATE COMPANY Balance Sheet May 31
Assets		2021			2020
Cash		$29,425			$46,500
Accounts receivable		88,300			78,500
Inventory		183,000			159,500
Prepaid expenses		5,800			7,300
Land		134,500			79,000
Equipment		318,000			198,000
Accumulated depreciationequipment		(76,200	)		(39,500	)
Total assets		$682,825			$529,300
Liabilities and Shareholders Equity
Accounts payable		$42,700			$39,500
Dividends payable		7,300			5,800
Income taxes payable		3,000			6,800
Mortgage payable		130,000			79,500
Common shares		218,000			165,500
Retained earnings		281,825			232,200
Total liabilities and shareholders equity		$682,825			$529,300

Additional Information:
1.		Profit for 2021 was $112,125.
2.		Common shares were issued for $52,500.
3.		Land with a cost of $52,500 was sold at a loss of $19,800.
4.		Purchased land with a cost of $108,000 with a $57,500 down payment and financed the remainder with a mortgage note payable.
5.		No equipment was sold during 2021.
6.		Net sales for the year were $674,600.
7.		Cost of goods sold for the year was $400,800.
8.		Operating costs, including depreciation expense, were $98,700.
9.		Interest expense was $5,800.
10.		Income tax expense was $37,375.
11.		Accounts payable is used for merchandise purchases.

prepare a cash flow statement for the year using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Note X: Land with a cost of $ was purchased by paying $ cash and issuing a mortgage note payable for $ .