Odessa Company uses the indirect method to prepare its statement of cash flows. Please refer to the following information extracted from the comparative balance sheet for the company.

	2018	2017	Increase/(decrease)
Accounts payable	$35,000	$52,000	($17,000)
Accrued liabilities	18,000	10,000	$8,000
Long-term notes payable	168,000	180,000	($12,000)
Total liabilities	$221,000	$242,000	($21,000)
Common stock	100,000	61,000	$39,000
Retained earnings	226,000	148,000	$78,000
Treasury stock	(18,500)	(12,400)	($6,100)
Total equity	$307,500	$196,600	$110,900
Total liabilities and equity	$528,500	$438,600	$89,900

Additional information provided:

Dividend paid for 2018 amounted to $12,500.

Net income for 2018 was $98,000

During 2018, the company repaid $80,000 of long-term notes payable.

During 2018, the company borrowed $68,000 on a new note payable

There were no stock retirements during 2018.

Requirement:

Using the indirect method, prepare a schedule for the financing section (only) of the statement of cash flows for December 2018.