The comparative balance sheet of PETRA Company, for 2020 and the preceding year ended December 31, 2019, appears below in condensed form:

	2020	2019
Cash	$ 53,000	$ 50,000
Accounts receivable (net)	37,000	48,000
Inventories	108,500	100,000
Investments	.....	70,000
Equipment	573,200	450,000
Accumulated depreciation-equipment	(142,000)	(176,000)
	$629,700	$542,000
Accounts payable	$ 62,500	$ 43,800
Bonds payable, due 2020	.....	100,000
Common stock, $10 par	325,000	285,000
Paid-in capital in excess of par--
common stock	80,000	55,000
Retained earnings	162,200	58,200
	$629,700	$542,000

The income statement for the current year is as follows:

Sales		$625,700
Cost of merchandise sold		340,000
Gross profit		$285,700
Operating expenses:
Depreciation expense	$26,000
Other operating expenses	68,000	94,000
Income from operations		$191,700
Other income:
Gain on sale of investment	$ 4,000
Other expense:
Interest expense	6,000	(2,000)
Income before income tax		$189,700
Income tax		60,700
Net income		$129,000

Additional data for the current year is as follows:

(a)	Fully depreciated equipment costing $60,000 was scrapped, no salvage, and equipment was purchased for $183,200.
(b)	Bonds payable for $100,000 were retired by payment at their face amount.
(c)	5,000 shares of common stock were issued at $13 for cash.
(d)	Cash dividends declared and paid, $25,000.

Prepare a statement of cash flows, using the indirect method.