Use the following income statement and information about selected current assets and current liabilities for Kimberline Industries to calculate the net cash provided or used by operating activities using the indirect method.

KIMBERLINE INDUSTRIES
Income Statement
For Year Ended December 31
Sales		$ 280,000
Cost of goods sold		124,000
Gross profit from sales		$ 156,000
Operating expenses:
Salaries and wages expense	$ 35,000
Depreciation expense	11,000
Rent expense	27,200
Interest expense	3,900	77,100
Income from operations		$ 78,900
Loss on sale of land		4,700
Net income		$ 74,200

Increases and decreases of current asset and current liability accounts, all of which relate to operating activities, are as follows:

	Change
Accounts receivable increase	$ 3,600
Merchandise inventory decrease	1,700
Accounts payable increase	1,100
Salaries and wages payable decrease	2,600