Using the data providede let's draw up a Cash Flow Statement

Proceeds from issuance of bonds payable 50,000 Increase in accounts receivable 9,000 Increase in salaries payable 4,000 Increase in accounts payable 12.000 Purchase of equipment 25.000 Depreciation expense 15.000 Net income 69.000 Decrease in income taxes payable 7.000 Repayment of notes payable 35.000 Payment of dividends 35,000 Increase in inventory 20.000 Beginning cash, 1 January, 2017 66.000