The Murdock Corporation reported the following balance sheet data for 2021 and 2020: Cash Available-for-sale debt securities (not cash equivalents) Accounts receivable Inventory Prepaid insurance Land, buildings, and equipment Accumulated depreciation Total assets Accounts payable Salaries payable Notes payable (current) Bonds payable Common stock Retained earnings Total liabilities and shareholders' equity 2021 $ 85,145 19,000 87,000 172,000 2,130 1,264,000 (617,000) $1,012, 275 $ 82,640 22,800 31,300 207,000 300,000 368,535 $1,012, 275 2020 $ 27,155 92,000 74,550 151,300 2,700 1,132,000 (579,000) $ 900, 705 $ 155, 670 28,000 82,000 0 300,000 335,035 $ 900, 705 Additional information for 2021: (1) Sold available-for-sale debt securities costing $73,000 for $78,200. (2) Equipment costing $20,000 with a book value of $5,700 was sold for $7,050. (3) Issued 6% bonds payable at face value, $207,000. (4) Purchased new equipment for $152,000 cash. (5) Paid cash dividends of $23,500. (6) Net income was $57,000. Required: Prepare a statement of cash flows for 2021 in good form using the indirect method for cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.) MURDOCK CORPORATION Statement of Cash Flows For the Year Ended December 31, 2021 Cash flows from operating activities: Adjustments for noncash effects: Changes in operating assets and liabilities: $ 0 Net cash flows from operating activities Cash flows from investing activities: 0 Net cash flows from investing activities Cash flows from financing activities: Net cash flows from financing activities 0 Cash balance, January 1 Cash balance, December 31 $ 0