The following are several items involving the cash flow activities of the Mueller Company for 2007:

a. Net income, $68,000

b. Increase in accounts receivable, $4,400

c. Receipt from sale of common stock, $12,300

d. Depreciation expense, $11,300

e. Dividends paid, $24,500

f. Payment for purchase of building, $65,000

g. Bond discount amortization, $2,700

h. Receipt from sale of long-term investments at cost, $10,600

i. Payment for purchase of equipment, $8,000

j. Receipt from sale of preferred stock, $20,000

k. Increase in income taxes payable, $3,500

l. Payment for purchase of land, $9,700

m. Decrease in accounts payable, $2,900

n. Increase in inventories, $10,300

o. Beginning cash balance, $18,000

Required

Prepare the statement of cash flows of the Mueller Company for 2007.