The information shown below is taken from the accounts of Waverly Corporation for the year ended December 31, 2017.

Net income		$314,000
Amortization of patent		12,000
Proceeds from issuance of common stock		103,000
Decrease in inventory		27,000
Sale of building at a $15,000 gain		85,000
Decrease in accounts payable		15,000
Purchase of equipment		185,000
Payment of cash dividends		24,000
Depreciation expense		55,000
Decrease in accounts receivable		23,000
Payment of mortgage		75,000
Increase in short-term notes payable		8,000
Sale of land at a $5,000 loss		40,000
Purchase of delivery van		33,000
Cash at beginning of year		205,000

Prepare a statement of cash flows for Waverly Corporation for the year ended December 31, 2017.