Cullumber Automotive Limited reported 2020 net income of $171,000 and sales of $403,000. Expenses for the year were as follows: depreciation expense $26,000, cost of goods sold $135,000, salaries and wages expense $47,000, rent expense $15,000 and loss on the disposal of equipment $20,500. Upon a review of the comparative statements of financial position, you note the following details: increase in accounts receivable $4,100, increase in inventory $2,600, decrease in accounts payable $2,600, decrease in salaries and wages payable $3,600 and decrease in prepaid rent $1,300. Prepare the operating section of the statement of cash flows using the direct method.