Arundel Company disclosed the following information for its recent calendar year.

Income Statement Data		Selected Year-End Balance Sheet Data
Revenues	$ 100,000	Accounts receivable decrease	$ 29,000
Expenses:		Purchased a machine for cash	21,000
Salaries expense	74,000	Salaries payable increase	27,000
Utilities expense	29,000	Interest payable decrease	17,000
Depreciation expense	29,800
Interest expense	8,700
Net loss	$ (41,500)

Prepare the operating activities section of the statement of cash flows using the indirect method.

Statement of Cash Flows (partial) Cash flows from operating activitiesindirect 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