Horton Industries reported net income of $$150,000$ for the current year. The balances in its

Accounts Receivable and Allowance for Uncollectible Accounts are shown below:

Account $12/31/20151/1/2015$

Accounts Receivable $52,00065,000$

Allowance for Uncollectible Accounts $10,00021,000$

In addition, the company recorded $$11,000$ of bad debt expense and a write$-$off of

uncollectible accounts of $$22,000.$ There are no other relevant transactions or account

balances. Prepare the operating activities section of the Statement of Cash Flows