Thornton Companys income statement contained the condensed information below.

THORNTON COMPANY Income Statement For the Year Ended December 31, 2014
Service revenue	$970,000
Operating expenses, excluding depreciation	$614,000
Depreciation expense	55,000
Loss on disposal of plant assets	16,000	685,000
Income before income taxes	285,000
Income tax expense	56,000
Net income	$229,000

Thorntons balance sheet contained the comparative data at December 31.

2014	2013
Accounts receivable	$70,000	$60,000
Accounts payable	41,000	32,000
Income taxes payable	13,000	7,000

Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows 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).)