The following information is available for Balboa Corp. for 2022. 

Cash used to purchase treasury stock..............$ 48,100 

Cash dividends paid..............21,800 

Cash paid for interest..............22,400 

Net income..............464,300 

Sales revenue..............802,000 

Cash paid for taxes..............99,000 

Cash received from customers..............566,100 

Cash received from sale of building (at book value)..............197,600 

Cash paid for operating expenses..............77,000 

Beginning cash balance..............11,000 

Cash paid for goods and services..............279,100 

Cash received from issuing common stock ..............355,000 

Cash paid to redeem bonds at maturity..............200,000 

Cash paid to purchase equipment..............113,200

Instructions 

Prepare a statement of cash flows using the direct method.