Reporting Net Cash Flow From Operating Activities

The Following information is available for Bernard Corporation for 2013:

Net Income $185,200

Decrease In Accounts Receivable 8,300

Increase in Inventory 19,900

Decrease in Prepaid Rent 4,410

Increase in Salaries Payable 7,100

Decrease in Income Taxes Payable $3,870

Increase in Notes Payable (due 2017) 50,000

Depreciation Expense 52,700

Loss on Disposal of Equipment 6,450

Compute the net cash flows from operating activities using the indirect method: