The financial statements of Bad Boy Cycles include the following information:

Net income	$	5,200
Depreciation expense		5,700
Increase in salaries payable		485
Decrease in accounts receivable		2,250
Increase in inventory		2,150
Amortization of patent		380
Decrease in Accrued Interest Expense		280
Beginning Cash Balance		2,500
Purchase of Equipment (cost)		42,000
Proceeds from sale of land (no gain or loss was realized or recognized)		38,000
Dividends declared and paid		14,000
Ending Cash Balance		16, 085
Proceeds from issuance of Common Stock		20,000
Assume that there are no other facts or amounts relevant to the Statement of Cash Flows. Use this information to compute net cash flows from operating activities.

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