Information from Minor Company's income statement for the year ended December 31, 2019 is shown below. Additional information from Minor Company's comparative balance sheet is also shown below.

Sales...$248,000

Cost of Goods Sold......118,000

Gross Profit..........$130,000

Wages and Salaries Expense...............48,000

Depreciation Expense....................................................30,000

Other Operating Expenses............................................. 24,000

Income from Operations..............................................$ 28,000

Gain on Sale of Equipment............................................. 8,000

Income before Income Taxes........................................$ 36,000

Income Tax Expense......................................................12,000

Net Income................................................................$ 24,000

Additional Information:

Increase in Accounts Receivable....................................$ 4,000

Decrease in Merchandise Inventory...................................14,000

Decrease in Prepaid Insurance..........................................10,000

Increase in Accounts Payable............................................16,000

Decrease in Taxes Payable..................................................2,000

Decrease in Long-Term Notes Payable.................................20,000

Required: Based on the information provided, calculate Minor Company's net cash provided by operating activities using the indirect method. Do NOT prepare the entire statement of cash flows. Show all of your calculations. (10 points possible)