A began operations on January 1, 2016. Below are selected data from XYZ Corp.'s balance sheets as of December 31, 2016 and December 31, 2017.

Account December 31, 2016 December 31, 2017

Cash 20,000 35,000

Accounts Receivable 10,000 33,000

Equipment 100,000 109,000

Less: Accumulated Depreciation(10,000) (20,000)

Current Liabilities 3,000 4,000

During 2017, XYZ bought $20,000 of equipment.

During 2017, XYZ sold equipment with a cost of $12,000 and accumulated depreciation of $5,000 for a $2,000 gain.

Net income for 2017 was $55,000.

Complete the following operating activities section using the indirect method that will be shown on Statement of Cash Flows for the year ended December 31, 2017.

Cash flows from operating

net income		?
Depreciation expense	?
Gain on sale of equipment	?
Increase in accounts receivable	?
increase in current liabilities	?
Net cash provided by operating activities	?	?