Crane Ltd. reported the following for the fiscal year 2017: CRANE LTD. Income Statement Year Ended September 30, 2017 Sales $561,000 Cost of goods sold 316,000 Gross profit 245,000 Operating expenses $ 87,000 Depreciation expense 12,000 Gain on sale of land (22,000) 77,000 Profit before income tax 168,000 Income tax expense 42,000 Profit $126,000 Additional information: 1. Accounts receivable decreased by $14,100 during the year. 2. Inventory increased by $5,600 during the year. 3. Prepaid expenses decreased by $3,600 during the year. 4. Accounts payable to suppliers increased by $9,100 during the year. 5. Accrued expenses payable increased by $3,100 during the year. 6. Income tax payable decreased by $4,900 during the year. Prepare the operating activities section of the cash flow statement 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).) CRANE LTD. Cash Flow Statement (Partial) Direct Method > $ $ >