The balance in the cash account at the beginning of the

Question

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

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

a. Net income for the year was $ ? .
b. The company sold equipment during the year for $35,000. The equipment originally cost the company $160,000, and it had $145,000 in accumulated depreciation at the time of sale.
c. The company declared and paid $10,000 in cash dividends during the year.
d. The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below:

e. The balance in the Cash account at the beginning of the year was $109,000; the balance at the end of the year was $ ? 
f. 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.