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A comparative balance sheet and income statement is shown for Cruz, Inc.

CRUZ, INC. Comparative Balance Sheets December 31, 2017
		2017				2016
Assets
Cash	$	99,000			$	25,000
Accounts receivable, net		42,800				53,100
Inventory		89,600				99,700
Prepaid expenses		5,600				4,400
Total current assets		237,000				182,200
Furniture		113,000				124,700
Accum. depreciationFurniture		(17,600	)			(9,400	)
Total assets	$	332,400			$	297,500
Liabilities and Equity
Accounts payable	$	15,600			$	21,900
Wages payable		9,400				5,200
Income taxes payable		1,500				2,700
Total current liabilities		26,500				29,800
Notes payable (long-term)		31,100				65,700
Total liabilities		57,600				95,500
Equity
Common stock, $5 par value		238,600				190,000
Retained earnings		36,200				12,000
Total liabilities and equity	$	332,400			$	297,500

CRUZ, INC. Income Statement For Year Ended December 31, 2017
Sales				$	509,400
Cost of goods sold					327,800
Gross profit					181,600
Operating expenses
Depreciation expense	$	39,200
Other expenses		92,900			132,100
Income before taxes					49,500
Income taxes expense					18,100
Net income				$	31,400

Required: Use the indirect method to prepare the cash provided or used from operating activities section only of the statement of cash flows for this company. (Amounts to be deducted should be indicated with a minus sign.)