Use the comparative balance sheets and additional information about company to prepare a cash flow statement for 2019 in good form.

Assets:		12/31/2019	12/31/2018
Current Assets:	Cash	$44,000	$11,000
	Accounts receivable	18,000	13,000
	Inventory	25,000	17,000
	Prepaid expenses	6,000	9,000
Non-Current Assets:	Long-term investments	0	17,000
	Equipment	60,000	33,000
	Accumulated depreciation-equipment	-20,000	-15,000
	Total assets	$133,000	$85,000
Liabilities and Stockholders' Equity:
Current Liabilities:	Accounts payable	$17,000	$7,000
	Dividends payable	$5,000	$0
Long Term Liabilities:	Bonds payable	36,000	45,000
Stockholders' Equity:	Common stock	40,000	23,000
	Retained earnings	35,000	10,000
	Total liabilities and equity	$133,000	$85,000

1. Net income for the year ending December 31, 2019 was $40,000.

2. Cash dividends of $15,000 were declared while $10,000 were paid during the year.

3. Long-term investments that had a cost of $17,000 were sold for $14,000.

4. Sales for 2019 were $120,000.

5. Depreciation Expense was $5,000

6. Equipment was purchased with cash. No equipment was sold.

7. Common stock was issued for cash.

8. Bonds were retired with cash.