The net income reported on the income statement for the current year was $223,200. Depreciation recorded on equipment and a building amounted to $66,700 for the year. 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 $56,250 $59,060

Accounts receivable (net) 71,330 72,880

Inventories 140,630 125,560

Prepaid expenses 7,820 8,330

Accounts payable (merchandise creditors) 62,830 65,910

Salaries payable 9,060 8,210

a. Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in