The comparative balance sheets for 2016 and 2015 and the statement of income for 2016 are given below for Wright Company. Additional information from Wright's accounting records is provided also.

WRIGHT COMPANY Comparative Balance Sheets December 31, 2016 and 2015 ($ in 000s)
	2016		2015
Assets
Cash	$	121	$	105
Accounts receivable		148		150
Short-term investment		53		18
Inventory		148		145
Land		110		135
Buildings and equipment		725		550
Less: Accumulated depreciation		(205)		(150)
	$	1,100	$	953
Liabilities
Accounts payable	$	42	$	50
Salaries payable		4		8
Interest payable		9		7
Income tax payable		9		12
Notes payable		0		35
Bonds payable		320		250
Shareholders' Equity
Common stock		420		350
Paid-in capitalexcess of par		195		175
Retained earnings		101		66
	$	1,100	$	953

WRIGHT COMPANY Income Statement For Year Ended December 31, 2016 ($ in 000s)
Revenues:
Sales revenue			$	620
Expenses:
Cost of goods sold	$	280
Salaries expense		88
Depreciation expense		55
Interest expense		18
Loss on sale of land		5
Income tax expense		94		540
Net income			$	80

Additional information from the accounting records:
a.	Land that originally cost $25,000 was sold for $20,000.
b.	The common stock of Microsoft Corporation was purchased for $35,000 as a short-term investment not classified as a cash equivalent.
c.	New equipment was purchased for $175,000 cash.
d.	A $35,000 note was paid at maturity on January 1.
e.	On January 1, 2016, bonds were sold at their $70,000 face value.
f.	Common stock ($70,000 par) was sold for $90,000.
g.	Net income was $80,000 and cash dividends of $45,000 were paid to shareholders.

Required:

Prepare the statement of cash flows of Wright Company for the year ended December 31, 2016. Present cash flows from operating activities by the direct method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (i.e., 5,000 should be entered as 5).)