Ryan Company's bookkeeper prepared the following 2013 statement of cash flows:

After a thorough investigation, you have determined that the amounts of the items listed on the statement are correct. However, you notice several items that are incorrectly classified and reported.
Required:
Prepare a corrected 2013 statement of cash flows for Ryan.

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December 31, 2013 inflow from issuing 10% bonds payable Cash (principal) paid on long-term note $ 65,800 1 Cash from issuing prefemed stock 44,100 Sources (Financing) Not Affecting Cash Issuance of common stock for patent 11,000 $(62,000) Uses (Investing) Not Affecting Cash Acquisition of patent by issuing common stock 31,600 2