Jewelry Suppliers reports net income of $$162,000.$ Included in net income is a gain on the sale of land of $$18,500.$ A comparison of this

year's and last year's balance sheets reveals an increase in accounts receivable of $$32,000,$ an increase in inventory of $$18,500,$ and a

decrease in accounts payable of $$52,000.$

Required:

Prepare the operating activities section of the statement of cash flows using the indirect method. $($Amounts to be deducted should be

indicated with a minus sign.$)$