The Following Information Is Available for the Brookstone Company:
Brookstone

Essay

The following information is available for the Brookstone Company:
Brookstone Company Balance Sheets
At December 31
Brookstone Company Income Statement
For Year Ended December 31, 20X2
$$\begin{array} { | l | r | r | } \hline \text { Sales } & & \$ 288,000 \\\hline \text { Cost of goods sold } & \$ 97,080 & \\\hline \text { Depreciation expense } & 35,280 & \\\hline \text { Other operating expenses } & 57,600 & \\\hline \text { Interest expense } & 2,400 & ( 192,360 \\\hline \text { Other gains (losses): } & & \\\hline \text { Loss on sale of equipment } & & ( 10,080 ) \\\hline \text { Income before taxes } & & 85,560 \\\hline \text { Income taxes expense } & &33,180 \\\hline \text { Net income } & & \$ 52,180\\\hline\end{array}$$ Additional information:
(1) There was no gain or loss on the sales of the long-term investments, nor on the bonds retired.
(2) Old machinery with an original cost of $45,060 was sold for $2,520 cash.
(3) New machinery was purchased for $81,060 cash.
(4) Cash dividends of $40,320 were paid.
(5) Additional shares of stock were issued for cash.
Prepare a complete statement of cash flows for calendar-year 20X2 using the indirect method.