Suppose your company reports $245 of net income and $57 of cash dividends paid, and its comparative balance sheet indicates the following.

Beginning	Ending
Cash	$ 52	$ 292
Accounts Receivable	160	262
Inventory	330	222
Total	$ 542	$ 776
Salaries and Wages Payable	$ 27	$ 135
Common Stock	185	123
Retained Earnings	330	518
Total	$ 542	$ 776

Required:

1. Prepare the operating activities section of the statement of cash flows, using the indirect method.

Note: Amounts to be deducted should be indicated with a minus sign.