The net changes in the balance sheet accounts of Keating Corporation for the year 2015 are shown below.

Account		Debit		Credit
Cash		$ 90,000
Short-term investments				$151,250
Accounts receivable		104,000
Allowance for doubtful accounts				16,625
Inventory		92,750
Prepaid expenses				28,500
Investment in subsidiary (equity method)				31,250
Plant and equipment		275,000
Accumulated depreciation				162,500
Accounts payable		100,875
Accrued liabilities				26,875
Deferred tax liability		19,375
8% serial bonds				87,500
Common stock, $10 par				112,500
Additional paid-in capital				187,500
Retained earnings-Appropriation for bonded indebtedness		75,000
Retained earnings-Unappropriated		47,500
		$804,500		$804,500

An analysis of the Retained Earnings-Unappropriated account follows:
Retained earnings unappropriated, December 31, 2014					$1,625,000
Add:	Net income				408,750
	Transfer from appropriation for bonded indebtedness				75,000
	Total				$2,108,750
Deduct:	Cash dividends		$231,250
	Stock dividend		300,000		531,250
Retained earnings unappropriated, December 31, 2015					$1,577,500

1.		On January 2, 2015 short-term investments (classified as available-for-sale) costing $151,250 were sold for $193,750.
2.		The company paid a cash dividend on February 1, 2015.
3.		Accounts receivable of $20,250 and $24,250 were considered uncollectible and written off in 2015 and 2014, respectively.
4.		Major repairs of $41,250 to the equipment were debited to the Accumulated Depreciation account during the year. No assets were retired during 2015.
5.		The wholly owned subsidiary reported a net loss for the year of $25,000. The loss was recorded by the parent.
6.		At January 1, 2015, the cash balance was $207,500.

Prepare a statement of cash flows (indirect method) for the year ended December 31, 2015. Keating Corporation has no securities which are classified as cash equivalents. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)