MOSS COMPANY Selected Balance Sheet Information December 31, 2017 and 2016
	2017			2016
Current assets
Cash	$	89,150		$	31,300
Accounts receivable		29,500			41,000
Inventory		64,500			55,000
Current liabilities
Accounts payable		39,400			30,200
Income taxes payable		2,500			3,100

MOSS COMPANY Income Statement For Year Ended December 31, 2017
Sales				$	560,000
Cost of goods sold					349,600
Gross profit					210,400
Operating expenses
Depreciation expense	$	45,000
Other expenses		126,500			171,500
Income before taxes					38,900
Income taxes expense					14,300
Net income				$	24,600

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

Cash flows from operating activities: Adjustments to reconcile net income to operating cash flow