The income statement disclosed the following items for the year:

Depreciation expense	$55,700
Gain on disposal of equipment	32,500
Net income	336,400

The changes in the current asset and liability accounts for the year are as follows:

	Increase (Decrease)
Accounts receivable	$8,680
Inventory	(4,940)
Prepaid insurance	(1,850)
Accounts payable	(5,880)
Income taxes payable	1,850
Dividends payable	1,300

a. Prepare the Cash flows from operating activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.