The comparative balance sheets for Hinckley Corporation show the following information.

		December 31
		2014		2013
Money		$39,490		$14,430
accounts receivable		18,440		11,870
Inventory		17,810		9,630
Investments		–0–		3,610
Buildings		–0–		30,270
Equipment		48,240		21,360
patents		5,520		6,690
		$129,500		$97,860
Allowance for doubtful accounts		$3,170		$4,520
Accumulated Depreciation—Equipment		2,770		4,730
Accumulated Depreciation—Building		–0–		6,300
Accounts payable		5,520		3,610
payable dividends		–0–		4200
Notes payable, short-term (non-commercial)		2,400		3,680
Long-term notes payable		32,270		25,090
Common actions		43,910		33,050
Retained earnings		39,460		12,680
		$129,500		$97,860

Additional data related to 2014 are as follows.

1.		Equipment that had cost $11,750 and was 40% depreciated at the time of disposal sold for $3,680.
2.		$10,860 of the long-term note payable was paid through the issuance of common shares.
3.		Cash dividends paid were $4,200.
4.		On January 1, 2014, the building was completely destroyed by a flood. Building insurance proceeds were $31,600 (net of $3,990 tax).
5.		The investments (available for sale) sold for $1,600 above cost. The company has made similar sales and investments in the past.
6.		Cash was paid for the purchase of equipment.
7.		A long-term note for $18,040 was issued for the acquisition of equipment.
8.		Interest of $3,000 and income taxes of $8,320 were paid in cash.

Prepare a statement of cash flows using the indirect method. Flood damage is unusual and infrequent in that part of the country.