The business owned by Xavier Long made the following cash transactions during the reporting period. GST of 10% was applicable on all transactions.

1.		Purchased equipment for $26,400 (including GST).
2.		Purchased inventory for $47,300 (including GST).
3.		Sold inventory for $198,000 (including GST).
4.		Purchased office supplies for $9,680 (including GST).
5.		Sold an item of plant for $74,800 (including GST).
6.		A net amount of $7,900, representing GST payable and receivable, excluding the above transactions, was paid to the Australian Taxation Office.

Prepare a statement of cash flows using the direct method for the business for the period. Treat all GST items as part of operating activities. (Show amounts that decrease cash flow using either a negative sign, e.g. -15,000, or parentheses, e.g. (15,000).)