Bridgeport Corp.s income statement for the year ended December 31, 2020, had the following condensed information:

Sales revenue				$772,700
Operating expenses (excluding depreciation)		$491,000
Depreciation expense		66,000
Unrealized loss on FV-NI investments		4,500
Loss on disposal of equipment		11,200		572,700
Income before income taxes				200,000
Income tax expense				58,000
Net income				$142,000

There were no purchases or sales of trading (FV-NI) investments during 2020. Bridgeports statement of financial position included the following comparative data at December 31:

		2020		2019
FV-NI investments		$22,500		$27,000
Accounts receivable		35,200		54,300
Accounts payable		45,800		31,900
Income tax payable		7,900		9,600

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