The Murdock Corporation reported the following balance sheet data for 2009 and 2008.

Additional information for 2009:
(1.) Sold available-for-sale securities costing $69,500 for $74,000.
(2.) Equipment costing $20,000 with a book value of $5,000 was sold for $6,000.
(3.) Issued 6% bonds payable at par, $200,000.
(4.) Purchased new equipment for cash $145,000.
(5.) Paid cash dividends of $20,000.
(6.) Net income was $50,000.

Required:
Prepare a statement of cash flows for 2009 in good form using the indirect method for cash flows from operatingactivities.

2009 375 2008 (22,955) 5 Cash Available for sale securities (not cash equivalents) Account receivable Inventory Prepaid insurance Land, building, and equipment Accumlated depreciation Total asset S77, 85,000 69,500 68,250 -11,750 145.000 -20.000 500 1,250,000 1,125,000 -125,000 15,500 80.000 165,000 1,500 9 2.000 (610,000)(572,000 38,000 2 979,375 830.295 -149.080 Account payable Salaries payable Note payable (current) Bond payable Common stock Retained earnings Total liabilities and shareholders equity 76,340 20,000 25,000 200,000 300,000 358,035 979,375 102.760 26.420 24.500 4.500 75,000 50,000 0-200.000 300,000 328.035 30.000 830,295