Grouper Corporation had the following 2020 income statement.

Sales revenue		$212,000
Cost of goods sold		118,000
Gross profit		94,000
Operating expenses (includes depreciation of $20,000)		47,000
Net income		$47,000

The following accounts increased during 2020: Accounts Receivable $11,000, Inventory $10,000, and Accounts Payable $12,000. Prepare the cash flows from operating activities section of Groupers 2020 statement of cash flows using the direct method.

Grouper Corporation Statement of Cash Flows-Direct Method (Partial)