Prepare a statement of cash flows, using the indirect method of reporting cash flows from (used for) operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments.

The income statement for the current year is as follows: Additional data for the current year are as follows: - Fully depreciated equipment costing $60,000 was scrapped, no salvage, and new equipment was purchased for $183,200, - Bonds payable for $100,000 were retired by payment at their face amount. - 5,000 shares of common stock were issued at $13 for cash. - Cash dividends declared and paid, $25,000