Gemstone Distributors reports net income of $$57,000.$ Included in that number is depreciation expense of $$11,000$ and a loss on the sale of land of $$5,200.$ A comparison of this year's and last year's balance sheets reveals a decrease in accounts receivable of $$27,000,$ a decrease in inventory of $$16,000,$ and an increase in accounts payable of $$47,000.$

Required:

Prepare the operating activities section of the statement of cash flows using the indirect method. $($Amounts to be deducted should be indicated with a minus sign.$)$

$\backslash$table$[[$GEMSTONE DISTRIBUTORS,$],[$Cash flows from operating activities:,,$],[,,],[$Adjustments to reconcile net income to net cash flows from operating activities:,,$],[,,],[,,],[,,],[,,],[,,],[$Net cash flows from operating activities,,$]]$