The following information is taken from Patricia Corporation's financial statements:

		December 31
		2021			2020
Cash		$ 68,040			$ 29,160
Accounts receivable		110,160			86,400
Allowance for doubtful accounts		(4,860)			(3,348)
Inventory		172,800			189,000
Prepaid expenses		8,100			7,344
Land		108,000			64,800
Buildings		317,520			263,520
Accumulated depreciation		(34,560)			(14,040)
Patents		21,600			37,800
		$766,800			$660,636
Accounts payable		$ 97,200			$ 90,720
Accrued liabilities		58,320			68,040
Bonds payable		135,000			64,800
Common stock		108,000			108,000
Retained earningsappropriated		86,400			10,800
Retained earningsunappropriated		298,080			326,916
Treasury stock, at cost		(16,200)			(8,640)
		$766,800			$660,636

		For 2021 Year
Net income		$84,564
Depreciation expense		20,520
Amortization of patents		5,400
Cash dividends declared and paid		37,800
Gain or loss on sale of patents		none

Prepare a statement of cash flows for Patricia Corporation for the year 2021. (Use the indirect method.)

Patricia Corporation Statement of Cash Flows Increase (Decrease) in Cash Adjustments to reconcile not income to