For the fiscal year ended December 31, 2015, Brace Incorporated reported:

• Net income of $6,000, which includes
• Depreciation expense totaling $1,200
• A loss on sale of equipment of $200

The company did not use or receive cash for any investing or financing activities.

Relevant excerpts from Brace's balance sheets for 2015 and 2014 are as follows:

	Balance at Year-end 2015	Balance at Year-end 2014
Accounts Receivable	3,000	2,000
Inventory	2,000	4,000
Prepaid Insurance	620	700
Accounts Payable	1,200	1,000
Wages Payable	2,700	2,900
Unearned Revenue	900	600

Use the template below to prepare the Operating Cash Flows section of Brace's Statement of Cash Flows for 2015. If an adjustment is negative, enter it with a - sign, e.g., -500. For positive adjustments, just enter the dollar amount, e.g., 500.

Net Income
Adjustments for:
Depreciation expense
Loss on sale of equipment
Accounts receivable
Inventory
Prepaid insurance
Accounts payable
Wages payable
Unearned revenue
Net Cash from Operating Activities	$8,780