The income statement of Tamarisk, Inc. is presented here.

Tamarisk, Inc. Income Statement For the Year Ended November 30, 2020
Sales revenue				$7,407,400
Cost of goods sold
Beginning inventory		$1,920,000
Purchases		4,485,300
Goods available for sale		6,405,300
Ending inventory		1,445,800
Total cost of goods sold				4,959,500
Gross profit				2,447,900
Operating expenses				1,081,100
Net income				$1,366,800

Additional information:

1.		Accounts receivable increased $197,100 during the year, and inventory decreased $474,200.
2.		Prepaid expenses increased $183,800 during the year.
3.		Accounts payable to suppliers of merchandise decreased $338,400 during the year.
4.		Accrued expenses payable decreased $106,900 during the year.
5.		Operating expenses include depreciation expense of $87,600.

Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2020, for Tamarisk, Inc., 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).)

Tamarisk, Inc. Partial Statement of Cash Flows $ Adjustments to reconcile net income to > $