13.

Portions of the financial statements for Clear Transmissions Company are provided below.

CLEAR TRANSMISSIONS COMPANY Income Statement For the Year Ended December 31, 2018 ($ in 000s)
Sales					$	2,160
Cost of goods sold						864
Gross margin						1,296
Salaries expense	$	388
Depreciation expense		250
Patent amortization expense		38
Interest expense		96
Loss on sale of cash equivalents		20				792
Income before taxes						504
Income tax expense						252
Net Income					$	252

CLEAR TRANSMISSIONS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s)
	Year
	2018			2017			Change
Cash	$	135		$	128		$	7
Accounts receivable		259			274			(15	)
Inventory		464			478			(14	)
Accounts payable		198			190			8
Salaries payable		106			114			(8	)
Interest payable		54			48			6
Income taxes payable		45			38			7

Required: Prepare the cash flows from operating activities section of the statement of cash flows for Clear Transmissions Company using the direct method. (Enter your answers in thousands (i.e., 5,000 should be entered as 5). Amounts to be deducted should be indicated with a minus sign.)