Selected financial statement information and additional data for Carlson Company is presented below. December 31 2020 2021 DEBITS Cash ...................................................... $42,000 $60,000 Accounts receivable (net)....................... 84,000 144,200 Inventory................................................ 168,000 206,600 Land....................................................... 58,800 26,000 Equipment.............................................. 504,000 789,600 TOTAL........................................ $856,800 $1,226,400 CREDITS Accumulated depreciation...................... $84,000 $110,600 Accounts payable................................... 50,400 91,000 Notes payable - short-term..................... 67,200 29,400 Notes payable - long-term...................... 168,000 302,400 Common stock....................................... 420,000 487,200 Retained earnings.................................. 67,200 205,800 TOTAL........................................ $856,800 $1,226,400 Additional data for 2021: 1. Net income was $230,200. 2. Depreciation was $26,600. 3. Land was sold at its original cost. 4. Dividends of $91,600 were paid. 5. Equipment was purchased for $84,000 cash. 6. A long-term note for $201,600 was used to pay for an equipment purchase. 7. Common stock was issued to pay a $67,200 long-term note payable.

REQUIRED: On the following page, prepare in good form a Statement of Cash Flows for the year ending December 31, 2021.