Portions of the financial statements for BoomTown Inc. are provided below:

BoomTown Inc.
Income Statement
For the Year Ended December 31, 2024
Revenues		$610,000
Expenses:
Cost of goods sold	$368,000
Operating expenses	112,000
Depreciation expense	34,000
Income tax expense	48,000
Total expenses		562,000
Net Income		$48,000

BoomTown Inc.
Selected Balance Sheet Data
December 31, 2024
Increase in accounts receivable	$4,200
Increase in inventory	11,600
Decrease in prepaid rent	10,100
Increase in operating expenses payable	6,000
Decrease in accounts payable	7,800
Increase in income tax payable	20,500

Required: Prepare the operating activities section of the statement of cash flows for BoomTown Inc. using the indirect method. (Amounts to be deducted and negative values should be indicated by a minus sign.)