The following information is provided for the Winfield Corporation.

Winfield Corporation Balance Sheets
	December 31, 20XX		December 31, 20XW
Assets
Current Assets:
Cash		$1,750		$1,400
Accounts receivable		7,875		5,425
Inventory		33,250		28,000
Prepaid expenses		1,225		1,050
Total current assets		44,100		35,875
Investments (long-term)		17,500		21,000
Capital assets:
Land		15,750		7,000
Buildings	100,000		100,000
Less: Accumulated depreciation	61,500		58,000
Net buildings		38,500		42,000
Equipment	36,750		28,000
Less: Accumulated depreciation	10,500		7,000
Net equipment		26,250		21,000
Total assets		$142,100		$126,875
Liabilities and Shareholers Equity
Current liabilities:
Accounts payable		$15,750		$17,500
Notes payable		8,750		6,125
Accrued expenses		9,275		7,350
Interest payable		1,225		1,400
Total current liabilities		35,000		32,375
Long-term liabilities:
Bonds payable, 20XY		43,750		38,500
Total liabilities		78,750		70,875
Shareholders equity:
Common stock		24,500		24,500
Retained earnings		38,850		31,500
Total shareholders equity		63,350		56,000
Total liabilities and shareholders equity		$142,100		$126,875

Winfield Corporation
Income Statement
Year Ended December 31, 20XX
Sales	$210,000
Cost of goods sold	87,500
Gross profits	122,500
Selling and administrative expense	95,900
Amortization expense	10,500
Operating income	16,100
Interest expense	3,500
Other income and losses:
Gain on sale of investment	5,250
Dividend income	1,575
Loss on sale of equipment	1,050
Net other income and losses	5,775
Earnings before taxes	18,375
Income taxes	4,375
Net income	$14,000

During 20XX, the following occurred:

1. From the long-term investments, a dividend of $1,575 was received. Shares originally costing $3,500 were sold for $8,750 from the investment account.
2. Land was purchased for $8,750. Purchase was completed with a note payable of $8,750, with interest and principal due in 12 months.
3. New equipment was purchased for $15,750 cash. Old equipment originally costing $7,000 with accumulated amortization of $3,500 was sold for $2,450.
4. Notes payable at $6,125 were paid.
5. Bonds were sold at par for $5,250.
6. A dividend of $6,650 was paid.

The 20XX amortization expense was $3,500 for buildings and $7,000 for equipment.

Prepare a statement of cash flows for the Winfield Corporation for 20XX. (Amounts to be deducted should be indicated with a minus sign. Omit $ sign in your response.)