The income statement and selected balance sheet information for Fudnuddler Corporation for the year ended December 31, 2014 is presented below.

Income Statement
Sales Revenue	$	300,000
Gain on Sale of Equipment		25,000
Expenses:
Cost of Goods Sold		180,000
Depreciation Expense		20,000
Salaries Expense		30,000
Rent Expense		12,000
Insurance Expense		12,000
Interest Expense		11,000
Utilities Expense		10,000
Net Income	$	50,000

Selected Balance Sheet Accounts
	2013			2014
Accounts Receivable		15,000			10,000
Merchandise Inventory		20,000			22,000
Prepaid Rent		1,000			0
Accounts Payable		11,000			14,000
Salaries Payable		2,000			3,000

Prepare the cash flows from operating activities section of the 2014 statement of cash flows using the indirect method. (List any deduction in cash and cash outflows as negative amounts.)