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Norbury Corporation's net income last year was $32,500. The company did not sell or retire any property, plant, and equipment last year. Changes in selected

Norbury Corporation's net income last year was $32,500. The company did not sell or retire any property, plant, and equipment last year. Changes in selected balance sheet accounts for the year appear below:

Increases (Decreases)
Asset and Contra-Asset Accounts:
Accounts receivable $ 16,000
Inventory $ (4,100 )
Prepaid expenses $ 11,500
Accumulated depreciation $ 29,000
Liability Accounts:
Accounts payable $ 15,500
Accrued liabilities $ (8,600 )
Income taxes payable $ 3,200

Based solely on this information, the net cash provided by (used in) operating activities under the indirect method on the statement of cash flows would be:

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