The following information is related to Alpha Companys fiscal year 2017.

Income Statement:

Net Income 300,000

Depreciation Exprense 50,000

Gain on Sale of Plant Assets 10,000

Interest Expense 500

Balance Sheet 12/31/17: Increase (Decrease)

Accounts Payable (4,000)

Plant assets Purchased 250,000

Plant Assets Disposals (100,000)

Additional Information:

Cash Balance 12/31/2016: $50,000

Common Stock exchanged for outstanding Long Term Notes Payable of $125,000

Dividends paid were $25,000

Use this information to prepare the Statement of Cash Flows for Alpha Company using the indirect method.