The current assets and liabilities of the Lionel Corporation on December 31, 2016 and 2015, are listed below. Lionel's net income for 2016 was $75,000. Included in its expenses was depreciation of $17,000. Prepare a schedule of cash flows from operating activities for 2016.

	Dec 31 2106	Dec 31 2015
Cash	$ 86,000	70,000
Accounts Rec. (Net	125,000	101,000
Prepaid Expenses	16,000	19,000
Merchandise Inventory	105,000	86,000
Accounts Payable	110,000	105,000