A Firm's Recent Comparative Balance Sheets and Income Statements Follow

A firm's recent comparative balance sheets and income statements follow:
Income statement for year ended December 31, 2011
$\begin{array}{|l|r|}\hline \text { Sales revenue } & \$ 77,500 \\\hline \text { Cost of goods sold } & (53,500) \\\hline \text { Gross margin } & 24,000 \\\hline \text { Depreciation expense } & (16,500) \\\hline \text { Gain on sale of equipment } & 6,500 \\\hline \text { Net income } & \$ 14,000 \\\hline\end{array}$
Additional information:
1. During 2011, equipment costing $20,000 was sold for cash.
2. During 2011, $10,000 of bonds payable were issued in exchange for capital assets. There was no amortization of bond discount or premium.
Required:
Prepare the 2011 Statement of Cash Flows using the indirect method.