Below Is the Income Statement and Balance Sheet of Closely

Below is the income statement and balance sheet of Closely Held Corporation. From this information prepare a statement of cash flows for the year ended September 30, 2005. Income Statement for year ended September 30 ,
(in thousands)
$\begin{array}{|l|c|c|} \hline & 2004 & 2005 \\\hline \text { Revenues } & \$ 500,000 & \$ 512,000 \\\hline \text { Cost of Sales } & (395,000) & (404,480) \\\hline \text { Gross Margin } & 105,000 & 107,520 \\\hline \text { Selling and Administrative } & (60,000) & (61,440) \\\hline \text { Income before interest and taxes } & 45,000 & 46,080 \\\hline \text { Interest expense } & (9,900) & (12,320) \\\hline \text { Income before income taxes } & 35,100 & 33,760 \\\hline \text { Income tax } & (12,812) & (12,322) \\\hline \text { Net income } & \$ 22,289 & \$ 21,438 \\\hline\end{array}$