The Murdock Corporation reported the following balance sheet data for 2018 and 2017:

	2018				2017
Cash	$	97,355			$	33,755
Available-for-sale debt securities (not cash equivalents)		24,500				103,000
Accounts receivable		98,000				84,450
Inventory		183,000				161,200
Prepaid insurance		3,120				3,800
Land, buildings, and equipment		1,286,000				1,143,000
Accumulated depreciation		(628,000	)			(590,000	)
Total assets	$	1,063,975			$	939,205
Accounts payable	$	92,540			$	166,670
Salaries payable		27,200				33,500
Notes payable (current)		41,200				93,000
Bonds payable		218,000				0
Common stock		300,000				300,000
Retained earnings		385,035				346,035
Total liabilities and shareholders' equity	$	1,063,975			$	939,205

Additional information for 2018:

• (1.) Sold available-for-sale debt securities costing $78,500 for $84,800.
• (2.) Equipment costing $20,000 with a book value of $6,800 was sold for $8,700.
• (3.) Issued 6% bonds payable at face value, $218,000.
• (4.) Purchased new equipment for $163,000 cash.
• (5.) Paid cash dividends of $29,000.
• (6.) Net income was $68,000.

Required: Prepare a statement of cash flows for 2018 in good form using the indirect method for cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.

PREPARE A STATEMENT OF CASH FLOW