The consolidated work-paper balances of Pop, Inc., and its subsidiary, Son Corporation, as of December 31 are as follows (in thousands):

Additional Information
1. On January 20, 2016, Pop issued 10,000 shares of its common stock for land having a fair value of $215,000.
2. On February 5, 2016, Pop reissued all of its treasury stock for $44,000.
3. On May 15, 2016, Pop paid a cash dividend of $58,000 on its common stock.
4. On August 8, 2016, equipment was purchased for $127,000 with cash.
5. On September 30, 2016, equipment was sold for $40,000. The equipment cost $62,000 and had a carrying amount of $34,000 on the date of sale.
6. On December 15, 2016, Son Corporation paid a cash dividend of $50,000 on its common stock.
7. Deferred income taxes represent temporary differences relating to the use of accelerated depreciation methods for income tax reporting and the straight-line method for financial reporting.
8. Controlling share of net income for 2016 was $198,000. Son's net income was $110,000.
9. Pop owns 70 percent of its subsidiary, Son Corporation. There was no change in the ownership interest in Son during 2015 and 2016. There were no intercompany transactions other than the dividend paid to Pop by its subsidiary.
10. Assume the marketable equity securities are classified as trading securities.
Required:
Prepare a consolidated statement of cash flows for Pop and Subsidiary for the year ended December 31, 2016. Use the indirect method?

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Net Change 2016 2015 Increase (Decrease Assets Cash Marketable equity securities at cost (MES) Allowance to reduce MES to market Accounts receivable-net Inventories Land Plant and equipment Accumulated depreciation Patents-net $ 313 195 175 $118 175 (13) 418 595 385 755 (199) 57 (24) 440 525 170 690 (22) 70 215 65 54 (145) 60 $2486 52,086 Total assets $400 Net Change 2016 2015 Increase (Decrease) Liabilities and Stockholders' Equity Note payable, current portion Accounts and accrued payables Note payable, long-term portion Deferred income taxes Noncontrolling interest in Son Common stock-$10 par Additional paid-in capital Retained earnings Treasury stock at cost $150 150 474 450 32 161 480 180 195 595 300 121 (150) 12 18 100 123 140 36 $400 179 580 303 335 (36) Total equities $2,486 2,086