Additional Information on Current Year Transactions

a$.$ The loss on the cash sale of equipment was $$10,125($details in $b).$

b$.$ Sold equipment costing $$61,875,$ with accumulated depreciation of $$35,125,$ for $$16,625$ cash.

c$.$ Purchased equipment costing $$101,375$ by paying $$40,000$ cash and signing a long$-$term notes payable for the balance.

d$.$ Paid $$48,125$ cash to reduce the long$-$term notes payable.

e$.$ Issued $3,000$ shares of common stock for $$20$ cash per share.

f$.$ Declared and paid cash dividends of $$51,100.$

Required:

Prepare a complete statement of cash flows using the indirect method for the current year.

Note: Amounts to be deducted should be indicated with a minus sign.