Suppose your company reports $175 of net income and $43 of cash dividends paid, and its comparative balance sheet indicates the following.

	Beginning			Ending
Cash	$	38		$	228
Accounts Receivable		90			198
Inventory		260			158
Total	$	388		$	584
Salaries and Wages Payable	$	13		$	65
Common Stock		115			127
Retained Earnings		260			392
Total	$	388		$	584

Required:

1.

Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

Net Income ?
Increase in Accounts Receivable ?
Decrease in Inventory ?
Increase in Salaries and Wages Payable ?
Dividends paid ?
Net Cash Flow from Operating Activities ?