Use the Global Filter Corp. financial statements and supplementary information given below to prepare a statement of cash flows for the year ended December $31,2019,$ using the indirect method.

Additional Information:

a$.$ Purchased machinery for $$38,000$ cash.

b$.$ Sold the long$-$term investment on January $1,2019$ for $$61,000.$

c$.$ Sold machinery for $$13,000$ cash that had originally cost $$56,500$ and had $$43,500$ of accumulated depreciation.

d$.$ Issued $$55,000$ of bonds payable at face value.