Comparative balance sheet accounts of Cheyenne Inc. are presented below.

CHEYENNE INC. COMPARATIVE BALANCE SHEET ACCOUNTS AS OF DECEMBER 31, 2020 AND 2019
		December 31
Debit Accounts		2020		2019
Cash		$41,600		$33,600
Accounts Receivable		70,400		60,600
Inventory		30,000		24,200
Equity investments		22,100		38,200
Machinery		29,900		18,800
Buildings		67,800		56,900
Land		7,500		7,500
		$269,300		$239,800
Credit Accounts
Allowance for Doubtful Accounts		$2,200		$1,500
Accumulated DepreciationMachinery		5,700		2,200
Accumulated DepreciationBuildings		13,700		9,100
Accounts Payable		35,000		25,000
Accrued Payables		3,300		2,600
Long-Term Notes Payable		20,800		31,300
Common Stock, no-par		150,000		125,000
Retained Earnings		38,600		43,100
		$269,300		$239,800

Additional data (ignoring taxes):

1.		Net income for the year was $41,600.
2.		Cash dividends declared and paid during the year were $21,100.
3.		A 20% stock dividend was declared during the year. $25,000 of retained earnings was capitalized.
4.		Equity investments (level of ownership is less than 20%) that cost $24,900 were sold during the year for $28,700. No unrealized gains and losses were recorded on these investments in 2020.
5.		Machinery that cost $3,700, on which $750 of depreciation had accumulated, was sold for $2,150.

Cheyennes 2020 income statement follows (ignoring taxes).

Sales revenue					$541,900
Less: Cost of goods sold					381,900
Gross margin					160,000
Less: Operating expenses (includes $8,850 depreciation and $5,127 bad debts)					121,400
Income from operations					38,600
Other: Gain on sale of investments		$3,800
Loss on sale of machinery		(800	)		3,000
Net income					$41,600

(a) Compute net cash flow from operating activities using the direct method. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Net cash flow from operating activities

$

(b) Prepare a 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).)