Portions of the financial statements for Just In Case Technologies are provided below.

JUST IN CASE TECHNOLOGIES
Income Statement
For the Year Ended December 31, 2024
Net sales		$375,000
Expenses:
Cost of goods sold	$220,000
Operating expenses	67,000
Depreciation expense	16,700
Income tax expense	25,500
Total expenses		329,200
Net income		$ 45,800

JUST IN CASE TECHNOLOGIES
Selected Balance Sheet Data
December 31, 2024, compared to December 31, 2023
Decrease in accounts receivable	$ 6,700
Increase in inventory	13,700
Decrease in prepaid rent	9,700
Increase in salaries payable	5,700
Decrease in accounts payable	8,700
Increase in income tax payable	22,800

Required:

Prepare the operating activities section of the statement of cash flows for Just In Case Technologies using the direct method. (Amounts to be deducted should be indicated with a minus sign.)

Portions of the financial statements for Just In Case Technologies are provided below.

JUST IN CASE TECHNOLOGIES
Income Statement
For the Year Ended December 31, 2024
Net sales		$375,000
Expenses:
Cost of goods sold	$220,000
Operating expenses	67,000
Depreciation expense	16,700
Income tax expense	25,500
Total expenses		329,200
Net income		$ 45,800

JUST IN CASE TECHNOLOGIES
Selected Balance Sheet Data
December 31, 2024, compared to December 31, 2023
Decrease in accounts receivable	$ 6,700
Increase in inventory	13,700
Decrease in prepaid rent	9,700
Increase in salaries payable	5,700
Decrease in accounts payable	8,700
Increase in income tax payable	22,800

Required:

Prepare the operating activities section of the statement of cash flows for Just In Case Technologies using the direct method. (Amounts to be deducted should be indicated with a minus sign.