Avalon Legal Services, Inc., ended 2015 with cash of $18,000. During 2016, Avalon earned net income of $105,000 and had adjustments to reconcile net income to net cash provided by operations totaling $10,000 (this is a negative amount). Avalon paid $32,000 to purchase equipment during 2016. During 2016, the company paid dividends of $80,000. Prepare Avalon's statement of cash flows for the year ended December 31, 2016, complete with its proper heading?