The following changes took place last year in Pavolik Companys balance sheet accounts:

Asset and Contra-Asset Accounts				Liabilities and Equity Accounts
Cash	$	30	D	Accounts payable	$	92	I
Accounts receivable	$	34	I	Accrued liabilities	$	34	D
Inventory	$	78	D	Income taxes payable	$	39	I
Prepaid expenses	$	29	I	Bonds payable	$	284	I
Long-term investments	$	31	D	Common stock	$	136	D
Property, plant, and equipment	$	545	I	Retained earnings	$	112	I
Accumulated depreciation	$	112	I

D = Decrease; I = Increase.

Long-term investments that had cost the company $31 were sold during the year for $66, and land that had cost $65 was sold for $34. In addition, the company declared and paid $28 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock.

The companys income statement for the year follows:

Sales			$	1,320
Cost of goods sold				586
Gross margin				734
Selling and administrative expenses				520
Net operating income				214
Nonoperating items:
Loss on sale of land	$	(31)
Gain on sale of investment		35		4
Income before taxes				218
Income taxes				78
Net income			$	140

The companys beginning cash balance was $148 and its ending balance was $118.

Required:

1.	Using the indirect method, determine the net cash provided by / used in operating activities for the year. (List any deduction in cash and cash outflows as negative amounts.)

Statement of Cash Flows (Partial)

Net Income		$140
Adjustments to convert net income to a cash basis:
		$