Present the operating activities section of the statement of cash flows for New Vision Company using the indirect method.

Service Revenue			$	66,000
Expenses:
Salaries	$	42,000
Depreciation		7,300
Utilities		6,000
Other		1,700		57,000
Net Income			$	9,000
Decrease in Accounts Receivable	$	12,000
Bought a Small Service Machine		5,000
Increase in Salaries Payable		9,000
Decrease in Other Accrued Liabilities		4,250

This is what I got

Net income	9,000
Adjustments to Reconcile Net Income to Cash Prvided by Operating Activities
Depreciation	7,300
Purchased Small Service Machine XXXXX	5,000XX
Changes in Current Assets and Current Liabilities
Salaries Payable Increase	9,000
Other Accured Liabilities Decrease	4,250 XXX
Salaries Payable Increase XXXX	9,000 XXX
Accounts Receivable Decrease	12,000
Net Cash Provided by Operating Activities	55,550