Budget Auto Parts Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement:

                                Budget Company

                               Income Statement

                   Year Ended December 31, 2017

Sales Revenue                                   $360,000

Interest Revenue                                     1,500

Gain on Sale of Plant Assets                 6,000

Total Revenues and Gains                                               $367,500

Cost of Goods Sold                             165,000

Salary Expense                                      67,500

Depreciation Expense                          18,000

Other Operating Expenses                 34,500

Interest Expense                                      1,500

Income Tax Expense                               7,500

Total Expenses                                                                       294,000

Net Income (Loss)                                                                 $73,500

Additional information provided by the company includes the following:

Current assets other than cash increase by $36,000.

Current liabilities decrease by $1,500.

Prepare the operating activities section of the statement of cash flows.

Cash Flows from Operating Activities:

Net Income                                                                                                                  $xx

Adjustments to Net Income:

Depreciation Expense                                                                   xx

Gain on Disposal of Plant Assets                                             (xx)

Increase in Current Assets                                                        (xx)

Decrease in Current Liabilities                                                 (xx)                         (xx)

Net Cash Provided by Operating Activities                                                         $xx