The following summary transactions occurred during 2021 for Bluebonnet Bakers:

Cash Received from:
Collections from customers	$	480,000
Interest on notes receivable		11,000
Collection of notes receivable		53,000
Sale of investments		33,000
Issuance of notes payable		170,000
Cash Paid for:
Purchase of inventory		230,000
Interest on notes payable		7,000
Purchase of equipment		87,000
Salaries to employees		92,000
Payment of notes payable		39,000
Dividends to shareholders		34,000

The balance of cash and cash equivalents at the beginning of 2021 was $25,000. Required: Prepare a statement of cash flows for 2021 for Bluebonnet Bakers. Use the direct method for reporting operating activities. (Amounts to be deducted should be indicated with a minus sign.)