Consider the following information from Practel Corporations consolidated financial statements for 2020:

Net income	$25,000,000
Net income attributable to Practel	24,600,000
Depreciation expense	8,000,000
Amortization expense	2,000,000
Loss on sale of plant assets	500,000
Equity method investment income	200,000
Cash dividends received from equity method investment	80,000
Increase in receivables	600,000
Decrease in inventory	900,000
Decrease in current operating liabilities	100,000

Required

Use the above data to prepare the operating cash flow section of Practels consolidated statement of cash flows for 2020, using the indirect method.

• Enter answers using all zeros (do not abbreviate answers to thousands or millions).
• Use a negative sign with answers to indicate a decrease/reduction in cash.

• Post Ranch Resort and Subsidiary Consolidated Statement of Cash Flows For the year 2020
  Cash from operating activities
  AnswerCash dividends received from equity method investmentConsolidated net incomeEquity method investment incomeNet incomeNet income attributable to PractelUndistributed equity method income			Answer
  Add (subtract) items not affecting cash:
  Depreciation expense		Answer
  Amortization expense		Answer
  Loss on sale of plant assets		Answer
  AnswerCash dividends received from equity method investmentConsolidated net incomeEquity method investment incomeNet incomeNet income attributable to PractelUndistributed equity method income		Answer	Answer
  Changes in current assets and liabilities:
  Receivables		Answer
  Inventory		Answer
  Operating liabilities		Answer	Answer
  Net cash from operating activities			Answer