What am I missing in my cash flow statement?

Ingersol Construction Supply Company is developing its annual financial statements at December 31, current year. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized as follows:

Ingersol Construction Supply Company is developing its annual financial statements at December 31, current year. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized as follows: Additional Data: a. Bought equipment for cash, $12,500. b. Paid $14,500 on the long-term note payable. c. Issued new shares of stock for $16,000 cash. d. Dividends of $25,200 were declared and paid in cash. e. Other expenses included depreciation, \$6,700; wages, $18,500; taxes, $9,400; and other, \$3,200. f. Accounts payable includes only inventory purchases made on credit. Because there are no liability accounts relating to taxes or other expenses, assume that these expenses were fully paid in cash. Statement of Cash Flows For the Year Ended December 31, Current Year \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|l|}{ Cash flows from operating activities: } \\ \hline Net income & 2 & & $47,600 \\ \hline \multicolumn{4}{|c|}{ Adjustments to reconcile net income to cash flow from operating activities: } \\ \hline Depreciation expense & & $6,700 & \\ \hline Increase in accounts receivable & & (18,700) & \\ \hline Decrease in merchandise inventory & & 7,700 & \\ \hline Increase in accounts payable & & 10,700 & \\ \hline \multirow[t]{2}{*}{ Increase in wages payable } & 2 & 970 & \\ \hline & & & 7,370 \\ \hline Net cash provided by operating activities & & & 54,970 \\ \hline \multicolumn{4}{|l|}{ Cash flows from investing activities: } \\ \hline Cash payments to purchase fixed assets & & (12,500) & \\ \hline Net cash used in investing activities & & & (12,500) \\ \hline \multicolumn{4}{|l|}{ Cash flows from financing activities: } \\ \hline Cash receipts from issuing stock & & 16,000 & \\ \hline Cash payments on long-term note & 2 & (14,500) & \\ \hline \multirow[t]{2}{*}{ Cash payments for dividends } & 2 & (25,200) & \\ \hline & & & (23,700) \\ \hline Net increase in cash during the year & & & 19,000 \\ \hline Cash balance, January 1 , current year & & & 30,700 \\ \hline Cash balance, December 31, current year & & & $49,700 \\ \hline \end{tabular}