Bramble Inc., a major retailer of high-end office furniture, operates several stores and is a publicly traded company. The company is currently preparing its statement of cash flows. The comparative statement of financial position and income statement for Bramble as at May 31, 2023, are as follows: Bramble Inc. Statement of Financial Position May 31, 2023, and May 31, 2022 2023 2022 Assets Cash $35,600 $21,200 Accounts receivable 74,800 55,400 Inventory 191,100 195,000 Prepaid insurance 8,800 6,100 Total current assets 310,300 277,700 Plant assets 585,000 510,000 Less: Accumulated depreciation 147,100 120,900 Net plant assets 437,900 389,100 Total assets $748,200 $666,800 Liabilities and Shareholders' Equity 1130 000 Bramble Inc., a major retailer of high-end office furniture, operates several stores and is a publicly traded company. The company is currently preparing its statement of cash flows. The comparative statement of financial position and income statement for Bramble as at May 31, 2023, are as follows: Bramble Inc. Statement of Financial Position May 31, 2023, and May 31, 2022 2023 2022 Assets Cash $35,600 $21,200 Accounts receivable 74,800 55,400 Inventory 191,100 195,000 Prepaid insurance 8,800 6,100 Total current assets 310,300 277,700 Plant assets 585,000 510,000 Less: Accumulated depreciation 147,100 120,900 Net plant assets 437,900 389,100 Total assets $748,200 $666,800 Liabilities and Shareholders' Equity Accounts payable $123,200 $114.100 Salaries and wages payable 10,900 12,300 Interest payable 5,200 2,500 Total current liabilities 139,300 128,900 Mortgage payable 70,000 101,000 Total liabilities 209,300 229,900 Shareholders' equity Common shares 402,000 359,000 Retained earnings 136,900 77.900 Total shareholders' equity 538,900 436.900 Total liabilities and shareholders' equity $748,200 $666,800 Bramble Inc. Income Statement For the Year Ended May 31, 2023 Sales $955,000 Cost of goods sold 426,000 Gross margin 529,000 Expenses Salaries and wages expense 208,300 Other operating expenses 121,600 Depreciation expense 26,200 Total operating expenses 356.100 Operating income 172.900 Interest expense 26,600 Income before income tax 146,300 Income tax expense 56,300 Net earnings $90,000 The following is additional information about transactions during the year ended May 31, 2023, for Bramble, which follows IFRS. 1. Plant assets costing $75,000 were purchased by paying $51,000 in cash and issuing 5,000 common shares. 2. In order to supplement its cash, Bramble issued 4,000 additional common shares. 3. Cash dividends of $31,000 were declared and paid at the end of the fiscal year. Dividends paid are treated as financing activities. Using the indirect method, calculate only the net cash flow from operating activities for Bramble for the year ended May 31, 2023. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Bramble Inc. Statement of Cash Flows (Partial) For the Year Ended May 31, 2023 Adjustments to reconcile net income to net cash provided by operating activities: P Adjustments to reconcile net income to net cash provided by operating activities: