The income statement and selected balance sheet information for Calendars Incorporated for the year ended December 31 is presented below.

Income Statement
Sales Revenue	$	72,000
Expenses:
Cost of Goods Sold		33,000
Depreciation Expense		15,400
Salaries and Wages Expense		9,400
Rent Expense		1,900
Insurance Expense		1,000
Interest Expense		900
Utilities Expense		700
Net Income	$	9,700

Selected Balance Sheet Accounts
	Ending Balances			Beginning Balances
Inventory	$	435		$	500
Accounts Receivable		1,500			1,260
Accounts Payable		1,360			1,620
Salaries and Wages Payable		610			330
Utilities Payable		110			0
Prepaid Rent		90			120
Prepaid Insurance		65			80

Required:

Prepare the cash flows from operating activities section of the statement of cash flows using the direct method. (Amounts to be deducted should be indicated by a minus sign.)

CALENDARS INCORPORATED

Statement of Cash Flows (Partial)

For the Year Ended December 31

Cash Flows from Operating Activities