MOSS COMPANY

Selected Balance Sheet Information

December 31, 2017 and 201620172016Current assetsCash$92,650$34,800Accounts receivable33,00048,000Inventory68,00055,700Current liabilitiesAccounts payable46,40033,700Income taxes payable2,8503,800

MOSS COMPANY

Income Statement

For Year Ended December 31, 2017Sales$564,000Cost of goods sold363,600Gross profit200,400Operating expensesDepreciation expense$52,000Other expenses130,000182,000Income before taxes18,400Income taxes expense10,300Net income$8,100

Use the information above to calculate this company's cash flows from operating activities using the indirect method.(Amounts to be deducted should be indicated by a minus sign.)