Income statement for 2021
Sales	$135,000
Cost of goods sold	52,200
Other expenses	37,800
Net Income	$ 45,000

Balance sheet at December 31
	2021	2020
Cash	$34,000	$29,000
Accounts receivable	45,000	28,000
Merchandise inventory	32,000	38,000
Property and equipment	162,000	123,400
Less: Accumulated depreciation	(30,000)	(25,000)
	$243,000	$193,400
Accounts payable	$36,000	$27,000
Wages payable	12,000	1,400
Preferred stock (5%, $100 par value)	40,000	40,000
Common stock	100,000	100,000
Retained earnings	55,000	25,000
	$243,000	$193,400

Other Information:

• The company paid an aggregate of $15,000 in dividends to preferred and common shareholders.
• The company had 10,000 shares of common stock outstanding and 400 shares of preferred stock outstanding for the entire year of 2021.

INDIRECT Statement of Cash Flows

Using the financial statement information above, list four lines you would see in the operating cash flow section of the statement of cash flow. For each "line", be sure to include the words that would be shown and the amounts. For the amounts be sure to designate whether each is a source (positive amount) or use (negative amount.