The income statement of Whitlock Company is presented here.

WHITLOCK COMPANY Income Statement For the Year Ended November 30, 2020
Sales revenue				$7,588,000
Cost of goods sold
Beginning inventory		$1,924,100
Purchases		4,303,700
Goods available for sale		6,227,800
Ending inventory		1,334,300
Total cost of goods sold				4,893,500
Gross profit				2,694,500
Operating expenses				1,077,400
Net income				$1,617,100

Additional information:

1.		Accounts receivable increased $208,800 during the year, and inventory decreased $589,800.
2.		Prepaid expenses increased $167,900 during the year.
3.		Accounts payable to suppliers of merchandise decreased $343,500 during the year.
4.		Accrued expenses payable decreased $104,000 during the year.
5.		Operating expenses include depreciation expense of $83,600.

Prepare the operating activities section of the statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

WHITLOCK COMPANY Partial Statement of Cash Flows November 30, 2020For the Year Ended November 30, 2020For the Month Ended November 30, 2020
Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
For Operating ExpensesFor Income TaxesTo SuppliersFor Salaries and WagesCash Receipts from Dividend RevenueCash Receipts from Customers		$
AddLess cash payments:
Cash Receipts from CustomersCash Receipts from Dividend RevenueFor Operating ExpensesTo SuppliersFor Salaries and WagesFor Income Taxes	$
To SuppliersCash Receipts from CustomersFor Salaries and WagesCash Receipts from Dividend RevenueFor Income TaxesFor Operating Expenses
Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash		$