Need help to figure out what I'm doing wrong. Don't know what I'm missing either. Overall, need help to figure out the sums and what descriptions to use.

Cash received 145.000 Exercise 16-17B Direct: Preparing statement of cash flows and supporting note LO P1, P3, P5 Cash and cash equivalents balance, December 31, 2016 $ 29,000 Cash and cash equivalents balance, December 31, 2017 81,548 as interest 2,900 Cash paid for salaries 84,100 Bonds payable retired by issuing common stock (no gain or loss on retirement) 200,000 Cash paid to retire long-term notes payable Cash received from sale of equipment 21. DEN 71,050 Cash received in exchange for six-month note payable 29,000 Land purchased by issuing long-term note payable 116,000 Cash paid for store equipment 27.550 27,550 Cash dividends paid Cash paid for other expenses 46,400 Cash received from customers 562,600 Cash paid for inventory 292,552 17,400 Use the above information about the cash flows of Ferron Company to prepare a complete statement of cash flows (direct method) for the year ended December 31, 2017. (Amounts to be deducted should be indicated with a minus sign.) FERRON COMPANY Statement of Cash Flows For Year Ended December 31, 2017 Cash flows from operating activities Receipts from customers $ 562,600 Payments for salaries (84,100) Cash paid for inventory (292,552) Payments for other expenses (46,400) $ 139,548 Net cash provided by operating activities Cash flows from investing activities Receipt from sale of equipment Payment for store equipment 71,050 (27,550) 43,500 Net cash provided by investing activities Cash flows from financing activities Payment to retire long-term notes payable Receipt from borrowing on six-month note Payment of cash dividends (145,000) 29,000 (17,400) (133,400) 49,648 $ Net cash used in financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year $ 49,648 Noncash investing and financing activities Bonds payable retired by issuing common stock Land purchased by issuing long-term note payable $ 200,000 116,000