WildhorseCompany runs a retail company and recently completed its third year of operations. The balance sheet and income statement follow:

Assets		2014		2013
Cash		$64,660		$70,882
Accounts receivable		25,620		29,646
Inventory		37,576		35,624
Equipment		150,060		112,240
Accumulated depreciation		34,770		29,524
Total assets		$243,146		$218,868
Liabilities and Equity
Accounts payable		$44,286		$40,260
Income taxes payable		13,420		9,760
Long-term notes payable		34,160		43,920
Common stock, $2 par		18,300		14,640
Paid-in capital in excess of par		46,360		37,820
Retained earnings		86,620		72,468
Total liabilities and equity		$243,146		$218,868

Income Statement for 2014
Sales revenue		$411,628
Cost of goods sold		248,880
Depreciation expense		5,246
Other expenses		106,140
Income taxes		17,690
Net income		$33,672

Additional Information on Year 2014 Transactions

1.		Purchased equipment by signing a long-term note for $9,760 and paying cash for the balance.
2.		Paid cash as a payment on the long-term notes payable.
3.		Issued 122 shares of common stock for cash.
4.		Declared and paid cash dividends of $19,520.

Prepare a statement of cash flows for 2014 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)