Moffett Company reports the following income statement for the year ended October 31, 2017:

Sales	$2,403,600
Cost of goods sold	1,104,000
Gross profit	1,299,600
Depreciation expense	54,000
Wages expense	268,800
Interest expense	25,200
Net income	$ 951,600

The company also reports the following information from the balance sheet:

	October 31, 2017	October 31, 2016
Cash	$ 68,400	$ 51,600
Accounts receivable	85,200	116,400
Inventory	195,600	182,400
Accounts payable	61,200	52,800
Interest payable	8,400	6,000
Wages payable	12,000	15,600
Notes payable	240,000	288,000

Required:

a.	Prepare, in good form, the operating section of the statement of cash flow, using the indirect method for Moffett Company for October 31, 2017.