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Mallory Michaels, senior accountant for Trendy Fashions, has gathered the following balances from the company?s general ledger: December 31, 2014 December 31, 2013 Accounts Receivable

Mallory Michaels, senior accountant for Trendy Fashions, has gathered the following balances from the company?s general ledger:

December 31, 2014December 31, 2013
Accounts Receivable$49,287$63,231
Inventories144,630117,406
Prepaid Expenses4,6003,800
Accounts Payable38,67848,398
Accrued Liabilities14,09011,425
Income Taxes Payable1,40012,195
Net Income742,921
Depreciation Expense84,098
Loss on the sale of land15,240

Using the indirect method, prepare the cash flows provided by operating activities section of the statement of cash flows for 2014.(If amount decreases cash flow then enter with a negative sign preceding the number or parenthesis, e.g. -15,000 or (15,000).)

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