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The Murdock Corporation reported the following balance sheet data for 2018 and 2017:

	2018				2017
Cash	$	95,135			$	32,555
Available-for-sale debt securities (not cash equivalents)		23,500				101,000
Accounts receivable		96,000				82,650
Inventory		181,000				159,400
Prepaid insurance		2,940				3,600
Land, buildings, and equipment		1,282,000				1,141,000
Accumulated depreciation		(626,000	)			(588,000	)
Total assets	$	1,054,575			$	932,205
Accounts payable	$	90,740			$	164,670
Salaries payable		26,400				32,500
Notes payable (current)		39,400				91,000
Bonds payable		216,000				0
Common stock		300,000				300,000
Retained earnings		382,035				344,035
Total liabilities and shareholders' equity	$	1,054,575			$	932,205

Additional information for 2018:

• (1.) Sold available-for-sale debt securities costing $77,500 for $83,600.
• (2.) Equipment costing $20,000 with a book value of $6,600 was sold for $8,400.
• (3.) Issued 6% bonds payable at face value, $216,000.
• (4.) Purchased new equipment for $161,000 cash.
• (5.) Paid cash dividends of $28,000.
• (6.) Net income was $66,000.

Required: Prepare a statement of cash flows for 2018 in good form using the indirect method for cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.)

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