Maxter Corporation began the year with accounts receivable, inventory, and prepaid expenses totaling $$63,000.$ At the end of the year, Maxter had a total of $$75,000$ for these current assets. At the beginning of the year, it owed current liabilities of $$48,000$ and at year$-$end, current liabilities totaled $$44,800.$ Net income for the year was $$81,000.$ Included in net income was a $$6,100$ gain on the sale of land and depreciation expense of $$6,800.$

Maxter Corporation

Statement of Cash Flows$-$Operating Activities Section $($Indirect Method$)$

For the Year Ended

Cash flows from operating activities:

Adjustments to reconcile net income to net cash