The following information was extracted from the accounting records of Ocean Adventures, Inc.:

a. Net income,	$46,200
b. Depreciation on equipment,	$3,400
c. Purchased long-term investments,	$6,900
d. Sold land for	$46,900 (amount includes a loss of $8,700)
e. Issued long-term note payable to acquire equipment,	$12,300
f. Payment on long-term note payable,	$41,000
g. Issued common stock for cash,	$4,900
h. Declared and paid cash dividend,	$28,100

Increases (decreases) in selected accounts were as follows:

Accounts receivable	(2,400)
Interest receivable	(700)
Inventory	8,400
Prepaid expenses	900
Accounts payable	2,100
Income tax payable	(700)
Accrued liabilities	(1,500)
Interest payable	800
Salaries payable	(1,700)
Beginning cash was	$52,500.

Prepare the statement of cash flows for Ocean Adventures for the year ended December 31, 2006, using the indirect method and including a schedule of non-cash investing and financing activities, if necessary.