Green Brands, Incorporated (GBI) presents its statement of cash flows using the indirect method. The following accounts and corresponding balances were drawn from GBIs Year 2 and Year 1 year-end balance sheets. Assume all sales and purchases of inventory are made on account.

Account Title	Year 2	Year 1
Accounts receivable	$ 21,400	$ 26,600
Inventory	57,100	50,700
Prepaid insurance	15,200	24,700
Accounts payable	26,500	17,900
Salaries payable	4,900	3,900
Unearned service revenue	700	3,000

The Year 2 income statement is shown next.

Income Statement
Sales	$ 623,000
Cost of goods sold	(370,000)
Gross margin	253,000
Service revenue	5,500
Insurance expense	(40,000)
Salaries expense	(143,000)
Depreciation expense	(4,200)
Operating income	71,300
Gain on sale of equipment	3,700
Net income	$ 75,000

b. Prepare the operating activities section of the statement of cash flows using the indirect method. (Cash outflows should be indicated with a minus sign.)