The net income reported on the income statement for the current year was $73,600. Depreciation recorded on store equipment for the year amounted to $27,400. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:

	End of Year	Beginning of Year
Cash	$23,500	$18,700
Accounts receivable (net)	56,000	48,000
Inventory	35,500	40,000
Prepaid expenses	4,750	7,000
Accounts payable (merchandise creditors)	21,800	16,800
Wages payable	4,900	5,800

Required:

	a. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required.
	b. Briefly explain why net cash flow from operating activities is different than net income.