A Boscia Corporation's balance sheet appears below

Comparative Balance Sheet
Ending Balance Beginning Balance
Assets:
Cash and cash equivalents 44 38
Accounts receivable 82 69
Inventory 71 69
plant and equipment 537 500
Accumulated depreciation -240 -201
Total assets 494 475

Liabilities and stockholders' equity:
Ending Balance Beginning Balance
Accounts payable 70 60
Wages payable 24 21
Taxes payable 19 22
Bonds payable 226 300
Deferred taxes 19 18
Common stock 22 20
Retained earnings 114 34
Total liabilities and stockhol 494 475

The net income for the year was $108. Cash dividends were $28.

Required:

Prepare a statement of cash flows in good form using the indirect method.