Portions of the financial statements for a company are provided below.

Income Statement For the year ended December 31, Year 2
Net sales				$	1,850,000
Expenses:
Cost of goods sold	$	1,070,000
Operating expenses		580,000
Depreciation expense		52,000
Income tax expense		42,000
Total expenses					1,744,000
Net income				$	106,000

Selected Balance Sheet Data December 31
	Year 2			Year 1			Increase (I) or Decrease (D)
Cash	$	104,000		$	86,000		$	18,000		(I)
Accounts receivable		45,200			50,000			4,800		(D)
Inventory		77,000			56,000			21,000		(I)
Prepaid rent		3,200			5,400			2,200		(D)
Accounts payable		47,000			38,000			9,000		(I)
Income tax payable		5,200			11,000			5,800		(D)

Required: Prepare the operating activities section of the statement of cash flows for the company using the indirect method.