A comparative balance sheet for Graco, Inc., on December 31, 2019 and 2018, follows. Additional information about the firms financial activities during 2019 is also given below.

GRACO, INC. Comparative Balance Sheet December 31, 2019 and 2018
Assets	2019				2018
Cash	$	59,900			$	5,500
Accounts Receivable (Net)		127,600				78,600
Merchandise Inventory		43,600				42,000
Property, Plant, and Equipment		220,000				180,000
Less: Accumulated Depreciation		(35,000	)			(18,000	)
Total Assets	$	416,100			$	288,100
Liabilities and Stockholders' Equity
Liabilities
Accounts Payable		35,000				47,000
Bonds Payable		130,000				90,000
Total Liabilities	$	165,000			$	137,000
Stockholders' Equity
Common Stock, ($1 par, 500,000 shares authorized, 40,000 shares issued in 2018 and 70,000 shares issued in 2019)		70,000				40,000
Retained Earnings		181,100				111,100
Total Stockholders Equity	$	251,100			$	151,100
Total Liabilities and Stockholders Equity	$	416,100			$	288,100

Additional information for the year follows.

1. Had net income of $70,000.
2. Recorded $17,000 in depreciation.
3. Issued bonds payable with a par value of $40,000 at par and received cash.
4. Received $30,000 in cash for the issue of an additional 30,000 shares of $1 par value common stock.
5. Purchased equipment for $40,000 in cash.

Required: Prepare a statement of cash flows for 2019. (Amounts to be deducted should be indicated with a minus sign.)