The following information is taken from Debra Corporation's financial statements: December 31 2021 2020 Cash $ 68,670 $ 29,430 Accounts receivable 111,180 87,200 Allowance for doubtful accounts (4,905) (3,379) Inventory 174,400 190,750 Prepaid expenses 8,175 7,412 Land 109,000 65,400 Buildings 320,460 265,960 Accumulated depreciation (34,880) (14,170) Patents 21,800 38,150 $773,900 $666,753 Accounts payable $ 98,100 $ 91,560 Accrued liabilities 58,860 68,670 Bonds payable 136,250 65,400 Common stock 109,000 109,000 Retained earningsappropriated 87,200 10,900 Retained earningsunappropriated 300,840 329,943 Treasury stock, at cost (16,350) (8,720) $773,900 $666,753 For 2021 Year Net income $85,347 Depreciation expense 20,710 Amortization of patents 5,450 Cash dividends declared and paid 38,150 Gain or loss on sale of patents none Prepare a statement of cash flows for Debra Corporation for the year 2021. (Use the indirect method.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Debra Corporation Statement of Cash Flows For the Quarter Ended December 31, 2021 Increase (Decrease) in Cash Cash Flows from Operating Activities Net Income $ Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense $ Patent Amortization Decrease in Accounts Receivable Increase in Inventory Increase in Accounts Payable Decrease in Income Taxes Payable Net Cash Provided by Operating Activities Cash Flows from Investing Activities Net Cash Used by Investing Activities Cash Flows from Financing Activities Net Cash Used by Financing Activities Net Increase in Cash Cash, January 1, 2021 Cash, December 31, 2021 $