Sunny Valley Resort has owned 80 percent of Mountain Lodging, Inc. since Mountain Lodging's inception. The condensed consolidated balance sheets of Sunny Valley Resort at December 31,2012 and 2011 and other relevant information are presented below:

Additional information for 2012 (in thousands):
1. Consolidated net income to the controlling interest is $400,000.
2. Mountain Lodging reported net income of $120,000 on its own books, and paid $80,000 in dividends.
3. Consolidated depreciation expense was $350,000.
4. Plant assets with an original cost of $500,000 were retired from service and scrapped. Goodwill was impaired by $30,000.
5. Sunny Valley paid $70,000 in dividends.
Required
Prepare, in good form, a consolidated statement of cash flows for 2012.

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SUNNY VALLEY RESORT AND SUBSIDIARY Condensed Consolidated Balance Sheets December 31 in thousands) 2012 2011 Assets $ 600,000 1,400,000 4,000,000 Accumulated depreciation(1,500,000) 300,000 $ 700,000 1,000,000 4,200,000 (1,600,000) 330,000 $4,630,000 Plant assets Goodwill Liabilities and Stockholders' Equity Current liabilities. Noncurrent liabilities.. Stockholders' equity-controlling interest. Noncontrolling interestwww. .$1,282,000 1,800,000 1,430,000 288.000 $1,550,000 1,700,000 1,100,000 280,000 Total liabilities and stockholders' equity$4.800,000 $4,630.000