Salud Company reports the following information.

Selected Annual Income Statement Data Selected Year$-$End Balance Sheet Data

Net income $ $470,000$ Accounts receivable increase $ $49,600$

Depreciation expense $97,000$ Prepaid expenses decrease $15,900$

Gain on sale of machinery $26,900$ Accounts payable increase $7,400$

Wages payable decrease $2,100$

Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December $31.$

Note: Amounts to be deducted should be indicated with a minus sign.