The income statement of Concord Corporation is presented here.

CONCORD CORPORATION Income Statement Year Ended November 30, 2018
Sales		$8,400,000
Cost of goods sold		5,200,000
Gross profit		3,200,000
Salaries expense		869,000
Operating expenses		215,000
Depreciation expense		82,000
Income before income tax		2,034,000
Income tax expense		241,000
Net income		$1,793,000

Additional information:

1.		Accounts receivable increased $390,000 during the year, and inventory decreased $540,000.
2.		Prepaid expenses, which relate to administrative expenses, increased $130,000 during the year.
3.		Accounts payable to suppliers of merchandise decreased $330,000 during the year.
4.		Accrued salaries payable decreased $190,000 during the year.
5.		Income tax payable increased $55,000 during the year.

(a) Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2018, for Concord Corporation using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

7 adjustments to reconcile net income to