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Prepare a Statement of Cashflows - Indirect Method by using the balance sheet and income statement

ABC Corporation
Balance Sheet
For the Year Ended December 31, 2014
Assets
Current Assets:
Cash			$ 768,780
Accounts Receivable		200,200
Less: Allowance for doubtful accounts		27,500	172,700
Inventory			80,000
Prepaid Insurance			16,400
Short-Term Investments			167,000
Fair value adjustment (Trading)			33,000
Total Current Assets:			$ 1,237,880
Property, Plant, and Equipment:
Land			75,000
Building		150,000
Less: Accumulated Depreciation		$ 4,400	145,600
Equipment		60,000
Less: Accumulated Depreciation		22,000	38,000
Delivery Vehicle		43,796
Less: Accumulated Depreciation		8,759	35,037
Total Property, Plant, & Equipment			293,637
Intangible Assets:
Patent			27,500
Other Assets:
LT (Debt) investments (HTM)		$ 168,934
Pension Asset		$ 15,000
Total Other Assets:			$ 183,934
Total Assets:				$ 1,742,951
Liabilities
Current Liabilites:
Accounts Payable		75,240
Notes payable		235,000
Income taxes payable		87,357
Unearned Rent Revenue		24,000
Wages Payable		12,750
Interest Payable		64,504
Total Current Liabilites:			498,851
Long-Term Debt:
Bonds Payable		800,000
Add: Premium on Bonds Payable		142,154
Less: Discout on Bonds Payable		(3,383)	938,771
Lease Liability		33,293
Total Long-Term Debt			972,064
Stockholder's Equity:
Common Stock		104,000
Additional Paid-In Capital- Common Stock		37,000
Additional Paid-In Capital- Treasury Stock		21,000
Retained Earnings		90036
Accumulated Other Comprehensive Income		20,000
Total Stockholder's Equity:			272,036
Total Stockholder's Equity and Liabilities:				1,742,951

ABC Corporation
Income Statement
For the Year Ended December 31, 2014
	Sales:
	Sales Revenue		$802,845
	Cost of Goods Sold		252,700
	Gross Profit		$550,145
	Operating Expenses:
	Advertising Expense	$ 8,400
	Wages Expense	80,350
	Office Expense	21,700
	Depreciation Expense	35,159
	Utilities Expense	31,000
	Insurance Expense	82,000
	Bad Debt Expense	27,500
	Pension Expense	40,000	326,109
	Income from Operations:		224,036
	Other Revenues and Gains:
	Rent Revenue	12,000
	Unrealized Gain	33,000
	Interest Revenue	18,583	63,583
	Other Expenses and Losses:		287,619
	Interest Expense	52,226
	Deferred Compensation Expense	7,000
	Loss on impairment	10,000	69,226
	Income before income tax		218,393
	Income Tax Expense		87,357
	Net Income		$131,036

Statement of Cashflows has been partially started already:

Cash flows from operating activities

Net income

Add: Depreciation expense

Add: Bad debt expense

Add: Pension Underfunding

Deduct: Amortization of bond premium (Issued bonds)

Deduct: Unrealized holding G/L

Deduct: Amortization of HTM discount (Bond investment)

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