Spectacular Corporation began the year with accounts receivable, inventory, and prepaid expenses totaling $67,000. At the end of the year,

Spectacular had a total of $78,000

for these current assets. At the beginning of the year, it owed current liabilities of $44,000,and at year-end, current liabilities totaled $43,000. Net income for the year was $82,000. Included in net income was a $3,000 gain on the sale of land and depreciation expense of $10,000.

Show how Spectacular should report cash flows from operating activities for the year. The company uses the indirect method