Salud Company reports the following information.

Selected Annual Income Statement Data				Selected Year-End Balance Sheet Data
Net income	$	450,000		Accounts receivable increase	$	44,400
Depreciation expense		93,500		Prepaid expenses decrease		16,500
Gain on sale of machinery		24,800		Accounts payable increase		8,800
				Wages payable decrease		2,500

Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31. (Amounts to be deducted should be indicated with a minus sign.)

Statement of Cash Flow (Partial)

cash flow from operating activities

Adjustment to reconcile net income to operating cash flow