The following information is available for Ramos Corporation for the year ended December 31, 2014.

Beginning cash balance....................... $ 45,000

Accounts payable decrease..........................3, 700

Depreciation expense.........................162,000

Accounts receivable increase.......................8, 200

Inventory increase..........................11, 000

Net income.............................284, 100

Cash received for sale of land at book value...............35,000

Cash dividends paid.........................12,000

Income taxes payable increase.....................4, 700

Cash used to purchase building....................289, 000

Cash used to purchase treasury stock..................26,000

Cash received from issuing bonds..................200,000

Instructions

Prepare a statement of cash flows using the indirect method.