Portions of the financial statements for Parnell Company are provided below.

PARNELL COMPANY
Income Statement
For the Year Ended December 31, 2021
($ in thousands)
Revenues and gains:
Sales	$	740
Gain on sale of building		12		$	752
Expenses and loss:
Cost of goods sold	$	270
Salaries		114
Insurance		34
Depreciation		117
Interest expense		44
Loss on sale of equipment		11			590
Income before tax					162
Income tax expense					81
Net income				$	81

PARNELL COMPANY
Selected Accounts from Comparative Balance Sheets
December 31, 2021 and 2020
($ in thousands)
	Year
		2021			2020		Change
Cash	$	128		$	106		$	22
Accounts receivable		318			222			96
Inventory		327			419			(92	)
Prepaid insurance		67			82			(15	)
Accounts payable		204			123			81
Salaries payable		114			99			15
Deferred tax liability		72			58			14
Bond discount		178			206			(28	)

Required: 2. Prepare the cash flows from operating activities section of the statement of cash flows for Parnell Company using the indirect method. (Enter your answers in thousands (i.e., 10,000 should be entered as 10). Amounts to be deducted should be indicated with a minus sign.)

\begin{tabular}{|l|l|} \hline Cash Flows from Operating Activities: & \\ \hline Adjustments for noncash effects: & \\ \hline & Changes in operating assets and liabilities: \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular}