Staley Inc. reported the following data:

Net income	$297,200
Depreciation expense	60,200
Loss on disposal of equipment	24,500
Increase in accounts receivable	20,500
Increase in accounts payable	10,500

Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.