Wildhorse Ltd. reported the following for the fiscal year 2021:

WILDHORSE LTD. Income Statement Year Ended September 30, 2021
Sales				$570,000
Cost of goods sold				325,000
Gross profit				245,000
Operating expenses		$ 96,000
Depreciation expense		21,000
Gain on sale of land		(31,000	)	86,000
Profit before income tax				159,000
Income tax expense				39,750
Profit				$119,250

Additional information:
1.		Accounts receivable decreased by $15,000 during the year.
2.		Inventory increased by $6,500 during the year.
3.		Prepaid expenses decreased by $4,500 during the year.
4.		Accounts payable to suppliers increased by $10,000 during the year.
5.		Accrued expenses payable increased by $4,000 during the year.
6.		Income tax payable decreased by $5,800 during the year.

Prepare the operating activities section of the cash flow statement 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).)

WILDHORSE LTD. Cash Flow Statement (Partial)Indirect Method