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Ayayai Corporation had the following 2020 income statement.

Sales revenue		$181,000
Cost of goods sold		124,000
Gross profit		57,000
Operating expenses (includes depreciation of $19,000)		45,000
Net income		$12,000

The following accounts increased during 2020: Accounts Receivable $11,000, Inventory $10,000, Accounts Payable $14,000. Prepare the cash flows from operating activities section of Ayayais 2020 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).)

Ayayai Corporation Statement of Cash Flows-Indirect Method (Partial) choose the accounting period December 31, 2020For the Year Ended December 31, 2020For the Quarter Ended December 31, 2020
select an opening section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Increase in InventoryDecrease in InventoryCash Received from CustomersDepreciation expenseIncrease in Accounts PayableDecrease in Accounts PayableIncrease in Accounts ReceivableNet IncomeDecrease in Accounts ReceivableCash Payment to SuppliersCash Payment for Operating Expenses		$enter a dollar amount
Adjustments to reconcile net income to
select an opening subsection name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Cash Payment for Operating Expenses Increase in Accounts Receivable Depreciation expense Increase in Inventory Decrease in Accounts Payable Cash Received from Customers Decrease in Accounts Receivable Decrease in Inventory Cash Payment to Suppliers Net Income Increase in Accounts Payable	$enter a dollar amount
select an item Net Income Decrease in Inventory Decrease in Accounts Receivable Increase in Inventory Cash Received from Customers Cash Payment to Suppliers Cash Payment for Operating Expenses Depreciation expense Increase in Accounts Payable Increase in Accounts Receivable Decrease in Accounts Payable	enter a dollar amount
select an item Decrease in Inventory Increase in Accounts Receivable Decrease in Accounts Receivable Decrease in Accounts Payable Net Income Cash Payment to Suppliers Increase in Inventory Cash Received from Customers Cash Payment for Operating Expenses Depreciation expense Increase in Accounts Payable	enter a dollar amount
select an item Cash Received from Customers Increase in Accounts Receivable Cash Payment to Suppliers Decrease in Accounts Payable Decrease in Accounts Receivable Net Income Cash Payment for Operating Expenses Increase in Inventory Depreciation expense Decrease in Inventory Increase in Accounts Payable	enter a dollar amount
		enter a total amount of adjustments