Blake Weaver, Cook Enterprises' controller, is preparing the financial statements for 2013. He has completed the comparative balance sheets and income statement, which follow, and has gathered this additional information:

• On December 31, 2013, Cook sold a piece of equipment with an original cost of $25,000 for $30,000 cash. The equipment had a book value of $13,000.

• On February 1, 2013, Cook issued $100,000 of common stock to raise cash in anticipation of the purchase of a new building later in the year.

• On February 2, 2013, Cook took out a ten-year $75,000 long-term loan to provide the remaining funds needed to purchase the building.

• On May 15, 2013, Cook paid $150,000 for the new building.

• The company repaid $4,600 of the long-term debt before the end of the year.

Required
Using the indirect method, prepare Cook Enterprises' statement of cash flows for2013.

Cook Enterprises Comparative Balance Sheets As of December 31 2013 $124,200 287,200 125,000 536,400 297,000 90,000 207,000 $743,400 2012 S 40,400 269,800 95,000 405,200 160,000 60,000 100,000 $505,200 Cash Accounts receivable, net Inventory Total current assets Property, plant, & equipment Accumulated depreciation Net property, plant, & equipment Total assets $150,000 17,600 70,400 238,000 350,000 155,400 505,400 $743,400 Accounts payable Taxes payable Mortgage payable $175,000 20,000 Total liabilities Common stock Retained earnings 195,000 250,000 60,200 310,200 $505,200 Total stockholders' equity Total liabilities & stockholders' equity