The Dickinson Company reported net income of $155,000 for the current year. Depreciation recorded on buildings and equipment amounted to $65,000 for the year. In addition, a building with an original cost of $250,000 and accumulated depreciation of $190,000 on the date of the sale, was sold for $75,000. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:

	End of Year	Beginning of Year
Cash	$20,000	$15,000
Accounts receivable	19,000	32,000
Inventories	50,000	65,000
Accounts payable	12,000	18,000

Instructions Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method.