Calculate cash flow from operations using the indirect method and the following data:

 

Net Income was $57,000
Accounts receivable decreased by $12,000
Inventory increased by $9,000
Proceeds from issuing long term debts was $25,000
Accounts Payable increased $4,500
Equipment Purchases were $95,000
Depreciation and amortization expense was $21,000
Prepaid expenses decreased $5,000

2.