On June $30,2021,$ Plaster, Inc., paid $$852,000$ for $80$ percent of Stucco Company's outstanding stock. Plaster assessed the acquisition$-$date fair value of the $20$ percent noncontrolling interest at $$213,000.$ At acquisition date, Stucco reported the following book values for its assets and liabilities:On June $30,2021,$ Plaster, Inc., paid $$852,000$ for $80$ percent of Stucco Company's outstanding stock. Plaster assessed the

acquisition$-$date fair value of the $20$ percent noncontrolling interest at $$213,000.$ At acquisition date, Stucco reported the following

book values for its assets and liabilities:

$($Parentheses indicate credit balances.$)$

On June $30,$ Plaster allocated the excess acquisition$-$date fair value over book value to Stucco's assets as follows:

Equipment $(3-$year remaining life$)$

Database $(10-$year remaining life$)$

$69,800$

$161,600$

At the end of $2021,$ the following comparative $(2020$ and $2021)$ balance sheets and consolidated income statement were available:

Additional Information for $2021$

On December $1,$ Stucco paid a $$48,000$ dividend. During the year, Plaster paid $$156,000$ in dividends.

During the year, Plaster issued $$806,900$ in long$-$term debt at par.

Plaster reported no asset purchases or dispositions other than the acquisition of Stucco.

Prepare a $2021$ consolidated statement of cash flows for Plaster and Stucco. Use the indirect method of reporting cash flows from

operating activities. $($Negative amounts and amounts to be deducted should be indicated by a minus sign.$)$

Cash $ $55,800$

Accounts receivable $118,200$

Inventory $189,000$

Land $60,600$

Buildings $163,100$

Equipment $279,500$

Accounts payable $(32,600)$

$($Parentheses indicate credit balances.$)$

On June $30,$ Plaster allocated the excess acquisition$-$date fair value over book value to Stucco's assets as follows:

Equipment $(3-$year remaining life$)$ $ $69,800$

Database $(10-$year remaining life$)161,600$

At the end of $2021,$ the following comparative $(2020$ and $2021)$ balance sheets and consolidated income statement were available: