The Following Items Were Gathered from Ledbetter Company's General Ledger

The following items were gathered from Ledbetter Company's general ledger:
$$\begin{array} { l r } \text { Net income } & \$ 56,000 \\\text { Less on sale of equipment } & 13,000 \\\text { Beginning cash balance } & 18,000 \\\text { Purchase of new factory equipment } & 85,000 \\\text { Proceeds from sale of equipment } & 30,000 \\\text { Depreciation } & 10,000 \\\text { Payment of cash dividends } & 20,000 \\\text { Increase in accounts receivable } & 7,000 \\\text { Proceeds from bank ban } & 25,000 \\\text { Decrease in inventory } & 17,000 \\\text { Increase in accounts payable } & 14,000 \\\text { Increase in acrued labilities } & 4,000\end{array}$$
Required:

Using the indirect method, construct Ledbetter’s statement of cash flows.