Salud Company reports the following information.

Selected Annual Income Statement Data				Selected Year-End Balance Sheet Data
Net income	$	495,000		Accounts receivable increase	$	40,800
Depreciation expense		90,500		Prepaid expenses decrease		15,600
Gain on sale of machinery		26,900		Accounts payable increase		6,600
				Wages payable decrease		3,300

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