Yoric Company listed the net changes in its balance sheet accounts for the past year as follows:



Debits > Credits by: Credits > Debits by:
Cash $ 94,500
Accounts receivable 170,600
Inventory $ 84,400
Prepaid expenses 4,300
Long-term loans to subsidiaries 103,000
Long-term investments 96,000
Plant and equipment 310,000
Accumulated depreciation 65,800
Accounts payable 49,900
Accrued liabilities 5,300
Income taxes payable 9,700
Bonds payable 406,000
Common stock 122,000
Retained earnings 75,300
$ 798,400 $ 798,400


The following additional information is available about last year’s activities:



Net income for the year was $ ? .
The company sold equipment during the year for $35,600. The equipment originally cost $160,400 and it had $126,000 in accumulated depreciation at the time of sale.
Cash dividends of $10,700 were declared and paid during the year.
The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below:


Beginning Ending
Plant and equipment $ 2,884,000 $ 3,194,000
Accumulated depreciation $ 990,900 $ 1,056,700


The balance in the Cash account at the beginning of the year was $109,200; the balance at the end of the year was $ ? .
If data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change.


Required:

Using the indirect method, prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.)