Klutz Dance Studio had net income of $199,000 for the year just ended. Klutz collected the following additional information to prepare its statement of cash flows for the year:

Decrease in accounts receivable$32,000Increase in accounts payable$19,000Increase in retained earnings$108,000Cash paid for purchase of new music equipment$28,000Depreciation expense$6,600

Klutz uses the indirect method to prepare its statement of cash flows. What is Klutz's net cash provided by (used in) operating activities?