The following information is available for Sunland Company forthe year ended December 31, 2017.
| Beginning cash balance | | $ 46,620 |
| Accounts payable decrease | | 3,833 |
| Depreciation expense | | 167,832 |
| Accounts receivable increase | | 8,495 |
| Inventory increase | | 11,396 |
| Net income | | 294,328 |
| Cash received for sale of land at book value | | 36,260 |
| Cash dividends paid | | 12,432 |
| Income taxes payable increase | | 4,869 |
| Cash used to purchase building | | 299,404 |
| Cash used to purchase treasury stock | | 26,936 |
| Cash received from issuing bonds | | 207,200 |
Prepare a statement of cash flows using the indirect method.(Show amounts that decrease cash flow with either a -sign e.g. -15,000 or in parenthesis e.g.(15,000).)
