The following is provided to complete the operating activities section of a statement of cash flows, indirect method.

a. Net income for the year is $43,900.

b. Accounts receivable increased by $10,420.

c. Inventory increased by $1,875.

d. Depreciation expense for the year is $8,000.

e. Accounts payable decreased by $5,782.

f. Other current liabilities increased by $3,500.
g. Taxes payable decreased by $1,970.LO1