Staley Inc. reported the following data:

Net income	$402,000
Depreciation expense	46,830
Loss on disposal of equipment	37,290
Increase in accounts receivable	26,780
Increase in accounts payable	6,820

Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required.