A comparative balance sheet for Cate, Inc., on December 31, 2016 and 2015, follows. Additional information about the firms financial activities during 2016 is also given below.

CATE, INC. Comparative Balance Sheet December 31, 2016 and 2015
Assets	2016			2015
Cash	125,900			73,500
Accounts Receivable (Net)	131,600			80,600
Merchandise Inventory	47,600			44,000
Property, Plant, and Equipment	260,000			200,000
Less: Accumulated Depreciation	(39,000	)		(20,000	)
Total Assets	526,100			378,100
Liabilities and Stockholders' Equity
Liabilities
Accounts Payable	55,000			77,000
Bonds Payable	170,000			110,000
Total Liabilities	225,000			187,000
Stockholders' Equity
Common Stock, ($10 par, 50,000 shares authorized, 6,000 shares issued in 2015 and 8,000 shares issued in 2016)	80,000			60,000
Retained Earnings	221,100			131,100
Total Stockholders Equity	301,100			191,100
Total Liabilities and Stockholders Equity	526,100			378,100

Additional information for the year follows.

a.	Had net income of $90,000.
b.	Recorded $19,000 in depreciation.
c.	Issued bonds payable with a par value of $60,000 at par and received cash.
d.	Received $20,000 in cash for the issue of an additional 2,000 shares of $10 par value common stock.
e.	Purchased equipment for $60,000 in cash.

Prepare a statement of cash flows for 2016. (Amounts to be deducted should be indicated with a minus sign.)