Larkspur Ltd. reported net income of 193,400 for 2020. Larkspur also reported depreciation expense of 45,600 and a gain of 6,000 on the disposal of plant assets. The comparative statements of financial position show an increase in accounts receivable of 11,000 for the year, a 13,000 increase in accounts payable, and a 5,000 decrease in prepaid expenses.

Prepare the operating activities section of the statement of cash flows for 2020. Use the indirect method.