Yoric Company listed the net changes in its balance sheet accounts for the past year as follows:

	Debits > Credits by:		Credits > Debits by:
Cash	$	78,800
Accounts receivable		170,700
Inventory			$	64,400
Prepaid expenses		4,200
Long-term loans to subsidiaries				81,000
Long-term investments		96,000
Plant and equipment		322,000
Accumulated depreciation				65,300
Accounts payable				48,800
Accrued liabilities		5,500
Income taxes payable				9,600
Bonds payable				203,000
Common stock				129,000
Retained earnings				76,100
	$	677,200	$	677,200

The following additional information is available about last years activities:

a.	Net income for the year was $ ? .
b.	The company sold equipment during the year for $35,000. The equipment originally cost $160,600 and it had $127,600 in accumulated depreciation at the time of sale.
c.	Cash dividends of $10,900 were declared and paid during the year.
d.	The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below:

	Beginning	Ending
Plant and equipment	$ 2,875,000	$ 3,197,000
Accumulated depreciation	$ 979,500	$ 1,044,800

e.	The balance in the Cash account at the beginning of the year was $109,500; the balance at the end of the year was $ ? .
f.	If data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change.

Required:

Using the indirect method, prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.)