The following income statement and additional year$-$end information is provided.

Accounts receivable

$$40,500$ increase Accounts payable

Inventory

$25,375$ increase Salaries payable

$$9,125$ decrease

$2,050$ decrease

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

Note: Amounts to be deducted should be indicated with a minus sign.

$\backslash$table$[[$Statement of Cash Flows $($partial$)],[$Cash flows from operating activities,$],[,],[$Adjustments to reconcile net income to net cash provided by operating activities,$]]$