Suppose your company reports $185 of net income and $45 of cash dividends paid, and its comparative balance sheet indicates the following.

	Beginning					Ending
Cash		$	40				$	230
Accounts Receivable			100					200
Inventory			270					160
Total		$	410				$	590
Salaries and Wages Payable		$	15				$	75
Common Stock			125					105
Retained Earnings			270					410
Total		$	410				$	590

1. Prepare the operating activities section (fill in the table below) 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