The Income statement of the Crockett Company and information about changes in noncash current assets and liabilities are disclosed below.

Changes in asset and liability accounts for the year that relate to operations follow.

Decrease in accounts receivable	28,000
Increase in accounts payable	44,000
Increase in short term investments	6,000
Decrease in bonds payable	22,000
Decrease in long term notes payable	44,000
Decrease in merchandise inventory	42,000

Additional information:

Depreciation expense 45,000

Amortization expense 22,000

Required

Prepare the cash flows from operating activities section of the statement of cash flows

Crockett Company Income Statement For Year Ended December 31