Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Debits > Credits by: Credits > Debits by: Cash $ 17,000 Accounts receivable 110,000 Inventory $ 65,000 Prepaid expenses 8,000 Long-term loans to subsidiaries 30,000 Long-term investments 80,000 Plant and equipment 220,000 Accumulated depreciation 5,000 Accounts payable 32,000 Accrued liabilities 9,000 Income taxes payable 16,000 Bonds payable 400,000 Common stock 170,000 Retained earnings 50,000 $ 606,000 $ 606,000 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 $15,000. The equipment originally cost $50,000 and it had $37,000 in accumulated depreciation at the time of sale. c. Cash dividends of $20,000 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 $1,580,000 $1,800,000 Accumulated depreciation $ 675,000 $ 680,000 e. The balance in the Cash account at the beginning of the year was $23,000; 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.)