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Using the information for the Melville Corporation, calculate the cash flow from operating activities. Accounts payable increase $ 1 2 , 0 0 0 Accounts

Using the information for the Melville Corporation, calculate the cash flow from operating activities.
Accounts payable increase $12,000
Accounts receivable increase 4,000
Accrued liabilities decrease 5,000
Amortization expense 7,000
Cash balance, January 122,000
Cash balance, December 3123,000
Cash paid as dividends 31,000
Cash paid to purchase land 90,000
Cash paid to retire bonds payable at par 60,000
Cash received from issuance of common stock 37,000
Cash received from sale of equipment 19,000
Depreciation expense 29,000
Gain on sale of equipment 4,000
Inventory decrease 13,000
Net income 80,000
Prepaid expenses increase 2,000
Use a negative sign with answer to show cash outflow from (used by) operating activities.
Cash flow from (or used by) operating activities:

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