Car Corporation owns 70 percent of the voting common stock of Bus Company. At December 31, 20X1, the companies reported the following:

	Car Corporation	Bus Company
Sales, 20X1	$400,000	$240,000
Cost of goods sold, 20X1	235,000	105,000
Increase (decrease) in 20X1:
?Inventory	(22,000)	16,000
?Accounts receivable	9,000	(2,000)
?Accounts payable	(31,000)	15,000

During 20X1, Bus sold inventory costing $70,000 to Car for $100,000, and Car resold 40 percent of the inventory prior to December 31, 20X1. No intercompany inventory transactions occurred prior to 20X1, nor did intercompany receivables and payables exist at December 31, 20X1.

Required:

Using the direct method, prepare the cash flows from the operating activities section of the consolidated statement of cash flows for 20X1 in good form.