Blossom Ltd., which follows ASPE had the following comparative statement of financial position:

Blossom Ltd. Comparative Statement of Financial Position December 31
Assets			2021				2020
Cash			$	80,000			$	49,000
Accounts receivable				136,000				102,000
Inventory				80,000				120,000
Prepaid insurance				9,000				7,000
Equipment				300,000				252,000
Accumulated depreciationequipment				( 70,000	)			( 50,000	)
Patents				78,000				96,000
	Total assets		$	613,000			$	576,000
Liabilities and Shareholders Equity
Accounts payable			$	90,000			$	78,500
Notes payable				7,500				11,000
Salaries and wages payable				15,000				7,500
Income taxes payable				15,000				18,500
Long-term note payable				100,000				117,500
Common shares				285,500				285,500
Retained earnings				100,000				57,500
	Total liabilities and shareholders equity		$	613,000			$	576,000

Additional information:

1.		Net income for the fiscal year was $ 52,000.
2.		Equipment that cost $ 40,000 and was 70% depreciated was sold during 2021, for a gain of $ 3,500.
3.		No patents were purchased or sold during the fiscal year.
4.		The current Notes Payable are trade payables issued by Blossom Ltd. for the purchase of inventory.

Prepare the operating activities section of a statement of cash flows using the indirect format. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)