The balance sheets for Kinder Company showed the following information. Additional information concerning transactions and events during 2015 are presented below.

Additional data:
1. Net income for the year 2015, $81,650.
2. Depreciation on plant assets for the year, $14,605.
3. Sold the long-term investments for $32,200 (assume gain or loss is ordinary).
4. Paid dividends of $34,500.
5. Purchased machinery costing $24,725, paid cash.
6. Purchased machinery and gave a $69,000 long-term note payable.
7. Paid a $46,000 long-term note payable by issuing common stock.
Prepare a statement of cash flows (using the indirect method) for 2015 for Kinder Company.

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Kinder Company Balance Sheet December 31 2014 2015 S 11,730 Cash $41,285 Accounts receivable (net) 44,045 23,345 48,300 Inventory 40,250 Long-term investments 17,250 Property, plant & equipment 271,975 172,500 (43,355) Accumulated depreciation (28,750) $244,375 $354,200 $ 19,550 $ 30,475 Accounts payable Accrued liabilities 24,150 19,550 Long-tem notes payable 80,500 57,500 Common stock 149,500 103,500 Retained eamings 80,500 33,350 $354,200 S244,375