The income statement of Sandhill Company is shown below.

SANDHILL COMPANY

INCOME STATEMENT

FOR THE YEAR ENDED DECEMBER $31,2020$

Additional information:

Accounts receivable decreased $$350,000$ during the year.

Prepaid expenses increased $$150,000$ during the year.

Accounts payable to suppliers of merchandise decreased $$260,000$ during the year.

Accrued expenses payable decreased $$130,000$ during the year.

Administrative expenses include depreciation expense of $$60,000.$

Prepare the operating activities section of the statement of cash flows for the year ended December $31,2020,$ for Sandhill Company,

using the indirect method. $($Show amounts that decrease cash flow with either a $-$ sign e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$