Question (2) :Presented below is a condensed comparative statement of financial position for Aldoha Corporation at the beginning and the end of the year 2017.

	December 31,2017	January 1, 2017
Land	$ 208,000	$296,000
Equipment	1192,000	960,000
Less: Accumulated depreciation	(424,000)	(356,000)
Inventories	720,000	740,000
Cash	628,000	312,000
Share capital-ordinary	670,000	670,000
Retained earnings	1,148,000	678,000
Accounts payable	536,000	604,000

Additional information:

-Land was sold at a loss of $ 28,000

-Cash dividends paid were $200,000

- Net income was $640,000

Required: Prepare a Statement of Cash Flows for the year 2017 for Aldoha Company.