The current sections of Sunn Inc.s balance sheets at December 31, 2016 and 2017, are presented here. Sunns net income for 2017 was $153,000. Depreciation expense was $27,000.

2017 2016.

Current assets

Cash $105,000 $ 99,000

Accounts receivable. 80,000 89,000

Inventory 168,000 172,000

Prepaid expenses 27,000 22,000

Total current assets $380,000 $382,000

Current liabilities

Accrued expenses payable $15,000 $5,000

Accounts payable 85,000 92,000

Total current liabilities $100,000 $97,000

Instructions: Prepare the net cash provided by operating activities section of the companys statement of cash flows for the year ended December 31, 2017, using the indirect method.

Notice: your are to only prepare the operating activities section of the Cash Flow Statement.