Scenic Industries began $2021$ with its accounts receivable, inventory, and prepaid expenses totaling $$46,000$ and its total current liabilities totaling $$39,000.$ At the end of the year, these same current assets totaled $$62,000,$ while its total current liabilities totaled $$50,000.$ Net income for the year was $$12,000.$ Included in net income were a $$1,000$ gain on the sale of land and depreciation expense of $$8,000.$

Show how Scenic should report cash flows from operating activities for $2021.$ The company uses the indirect method. $($Use parentheses or a minus sign for numbers to be subtracted and for a net d$$crease in cash.$)$

Cash flows from operating activities:

Adjustments to reconcile net income to net cash

provided by $($used for$)$ operating activities:

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Net cash provided by $($used for$)$ operating activities