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

ALLIANCE TECHNOLOGIES
Income Statement
For the year ended December 31, 2021
Net sales					$	395,000
Expenses:
Cost of goods sold	$	230,000
Operating expenses		69,000
Depreciation expense		16,900
Income tax expense		26,500
Total expenses						342,400
Net income					$	52,600

ALLIANCE TECHNOLOGIES
Selected Balance Sheet Data
December 31, 2021, compared to December 31, 2020
Decrease in accounts receivable	$	6,900
Increase in inventory		13,900
Decrease in prepaid rent		9,900
Increase in salaries payable		5,900
Decrease in accounts payable		8,900
Increase in income tax payable		23,600

Required:

Prepare the operating activities section of the statement of cash flows for Alliance Technologies using the indirect method. (List cash outflows and any decrease in cash as negative amounts.)

Software Distributors reports net income of $45,000. Included in that number is depreciation expense of $5,000 and a loss on the sale of land of $4,000. A comparison of this year's and last year's balance sheets reveals a decrease in accounts receivable of $15,000, a decrease in inventory of $10,000, and an increase in accounts payable of $35,000. Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) SOFTWARE DISTRIBUTORS Statement of Cash Flows (partial) Cash flows from operating activities: Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities 0 ALLIANCE TECHNOLOGIES Statement of Cash Flows (partial) For the Year Ended December 31, 2021 Cash Flows from Operating Activities: Adjustments to reconcile net income to net cash flows from operating activities Net cash flows from operating activities $ 0