Presented below is a condensed version of the comparative balance sheets for Sondergaard Corporation for the last two years at December 31. 2012 2011

Cash $157,000 $78,000

Accounts receivable $180,000 $185,000

Investments $52,000 $74,000

Equipment $298,000 $240,000

Less: Accumulated depreciationequipment $(106,000) $(89,000)

Current liabilities $134,000 $151,000

Capital stock $160,000 $160,000

Retained earnings $287,000 $177,000

Additional information: Investments were sold at a loss (not extraordinary) of $7,000; no equipment was sold; cash dividends paid were $50,000; and net income was $160,000.

Prepare a statement of cash flows for 2012 for Sondergaard Corporation.