Two way cellular accountants have assembled the following data for the year ended June 30, 2018:

Cash receipt from sale of land	$32,000		Net income	$56,000
Depreciation expense	4,000		Cash purchase of equipment	35,000
Cash payment of dividends	5,600		Decrease in current liabilities	5,000
Cash receipt from issuance of common stock	16,000		Increase in current assets other than cash	28,000

Prepare two-way cellulars statement of cash flows using the indirect method for the year ended June 30t, 2018. Assume Beginning and ending cash are $49,000 and $83,400 respectively