The Comparative Balance Sheet of Barry Company for Years 1

The comparative balance sheet of Barry Company for Years 1 and 2 ended December 31 appears below in condensed form:
$\begin{array}{lrr}&\underline {\text { Year 2 }}&\underline {\text { Year 1 }}\\\text { Cash } & \$ 72,000 & \$ 42,500 \\\text { Accounts receivable net } & 61,000 & 70,200 \\\text { Inventories } & 121,000 & 105,000 \\\text { Investments } & - & 100,000 \\\text { Equipment } & 515,000 & 425,000 \\\text { Accumulated depreciation -equipment } & 153,000 & 175,000\\\\&\underline{ \$ 616,000 }&\underline{ \$ 567,700 }\\\\\\\text { Accounts payable } & \$ 59,750 & \$ 47,250 \\\text { Bonds payable } & - & 75,000 \\\text { Common stock, } \$ 20 \text { par } & 375,000 & 325,000 \\\text { Premium on common stock } & 50,000 & 25,000 \\\text { Retained earnings } &\underline{ \$ 131,250 }& \underline{95,450} \\&\underline{ \$ 616,000 }&\underline{ \$ 567,700 }\\\text { Addlitional data for the current vear are as follows:}\end{array}$ a Net income,$75,800.
b Depreciation reported on income statement,$38,000.
c Fully depreciated equipment costing $60,000 was scrapped,no salvage,and equipment was purchased for $150,000.
d Bonds payable for $75,000 were retired by payment at their face amount.
e 2,500 shares of common stock were issued at $30 for cash.
f Cash dividends declared and paid,$40,000.
g Investments of $100,000 were sold for $125,000.
Prepare a statement of cash flows using the indirect method.