Cemptex Corporation prepares its statement of cash flows using the indirect method to report operating

activities. Net income for the $2024$ fiscal year was $$719,000.$ Depreciation and amortization expense of

$$86,000$ was included with operating expenses in the income statement. The following information

describes the changes in current assets and liabilities other than cash:

Required: $$

Prepare the operating activities section of the $2024$ statement of cash flows.

Note: Amounts to be deducted should be indicated with a minus sign.Cemptex Corporation prepares its statement of cash flows using the indirect method to report operating activities. Net income for the $2024$ fiscal year was $$719,000.$ Depreciation and amortization expense of $$86,000$ was included with operating expenses in the income statement. The following information describes the changes in current assets and liabilities other than cash:

Decrease in accounts receivable $ $41,000$

Increase in inventory $11,100$

Increase in prepaid expenses $10,400$

Increase in salaries payable $11,900$

Decrease in income taxes payable $17,000$

Required:

Prepare the operating activities section of the $2024$ statement of cash flows.

Note: Amounts to be deducted should be indicated with a minus sign.