Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Revenues Expenses: Selected Year-End Balance Sheet Data $110,000 Accounts receivable decrease. Salaries expense 72,000 Purchased a machine for cash Salaries payable increase Utilities expense Depreciation expense 34,000 29,800 Interest payable decrease Interest expense 7,700 Net loss $ (33,500) $ 27,000 17,000 29,000 17,000 Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities-indirect method Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities $ 0