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

	Debits > Credits by:		Credits > Debits by:
Cash and cash equivalents	$	103,000
Accounts receivable		171,000
Inventory			$	83,500
Prepaid expenses		5,000
Long-term loans to subsidiaries				105,000
Long-term investments		100,000
Plant and equipment		288,000
Accumulated depreciation				65,100
Accounts payable				49,500
Accrued liabilities		6,000
Income taxes payable				9,300
Bonds payable				407,000
Common stock		123,000
Retained earnings				76,600
	$	796,000	$	796,000

The following additional information is available about last years activities:

1. Net income for the year was $ ? .
2. The company sold equipment during the year for $35,100. The equipment originally cost $160,500 and it had $127,100 in accumulated depreciation at the time of sale.
3. Cash dividends of $10,600 were declared and paid during the year.
4. The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below:

	Beginning		Ending
Plant and equipment	$	2,905,000	$	3,193,000
Accumulated depreciation	$	981,900	$	1,047,000

5. The balance in the Cash account at the beginning of the year was $109,100; the balance at the end of the year was $ ? .
6. 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.