The comparative statement of financial position for Dagenais Retailers Ltd. follows:

                                   

Additional information:
1. Profit was $32,000 in 2015.
2. Depreciation expense was $19,000 in 2015.
3. In 2015, no new bank loans were received.
4. In 2015, no furniture was purchased, but some furniture was sold for $6,000, which resulted in a gain on this disposal of $2,000.
5. In 2015, dividends were declared and paid.

Instructions
Prepare a statement of cash flows using the indirect method for 2015. Assess the strength of the company’s cash flows for that year.