Portions of the financial statements for Alliance Technologies are provided below.

ALLIANCE TECHNOLOGIES Income Statement For the year ended December 31, 2018
Net sales		$	300,000
Expenses:
Cost of goods sold	$180,000
Operating expenses	55,000
Depreciation expense	15,500
Income tax expense	19,500
Total expenses			270,000
Net income		$	30,000

ALLIANCE TECHNOLOGIES
Selected Balance Sheet Data
December 31, 2018, compared to December 31, 2017
Decrease in accounts receivable	$ 5,500
Increase in inventory	12,500
Decrease in prepaid rent	8,500
Increase in salaries payable	4,500
Decrease in accounts payable	7,500
Increase in income tax payable	18,000

Required: Prepare the operating activities section of the statement of cash flows for Alliance Technologies using the direct method. (List cash outflows as negative amounts.)

ALLIANCE TECHNOLOGIES Statement of Cash Flows (partial) For the Year Ended December 31, 2018 Cash Flows from Operating Activities: Net cash flows from operating activities