Net income $ $7,200$ $ $180,000$ $ $129,600$

Depreciation expense $54,00014,40043,200$

Accounts receivable increase $($decrease$)72,00036,000(7,200)$

Inventory increase $($decrease$)(36,000)(18,000)18,000$

Accounts payable increase $($decrease$)43,200(39,600)25,200$

Accrued liabilities increase $($decrease$)(79,200)21,600(14,400)$

For each separate company, compute cash flows from operations using the indirect method.

Note: Amounts to be deducted should be indicated by a minus sign.