The income statement of Booker T Industries Inc. for the current year ended June 30 is as follows:

1	Sales		$509,600.00
2	Cost of merchandise sold		292,100.00
3	Gross profit		$217,500.00
4	Operating expenses:
5	Depreciation expense	$38,210.00
6	Other operating expenses	104,300.00
7	Total operating expenses		142,510.00
8	Income before income tax		$74,990.00
9	Income tax expense		22,110.00
10	Net income		$52,880.00

Changes in the balances of selected accounts from the beginning to the end of the current year are as follows:

	Increase (Decrease)
Accounts receivable (net)	($11,760)
Inventories	3,500
Prepaid expenses	(3,890)
Accounts payable (merchandise creditors)	(8,280)
Accrued expenses payable (operating expenses)	1,010
Income tax payable	(1,730)

Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the direct method. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Deduct, Add or colons (:) will automatically appear if required.