The following information is taken from French Corporation's financial statements:

		December 31
		2018			2017
Cash		$ 89,790			$ 33,210
Accounts receivable		125,460			98,400
Allowance for doubtful accounts		(5,535)			(3,813)
Inventory		190,650			215,250
Prepaid expenses		9,225			8,364
Land		123,000			73,800
Buildings		355,470			300,120
Accumulated depreciation		(39,360)			(15,990)
Patents		24,600			43,050
		$873,300			$752,391
Accounts payable		$ 110,700			$ 103,320
Accrued liabilities		66,420			77,490
Bonds payable		153,750			73,800
Common stock		123,000			123,000
Retained earningsappropriated		98,400			12,300
Retained earningsunappropriated		339,480			372,321
Treasury stock, at cost		(18,450)			(9,840)
		$873,300			$752,391

		For 2018 Year
Net income		$90,159
Depreciation expense		23,370
Amortization of patents		6,150
Cash dividends declared and paid		36,900
Gain or loss on sale of patents		none

Prepare a statement of cash flows for French Corporation for the year 2018. (Use the indirect method.)

Statement of cash flows Increse (decrease) in cas