From the following, calculate the net cash flows from operating activities (use the direct method):
Sales ................................................$9,800
Cost of Goods Sold ...............................4,100
Salaries Expense ....................................1,000
Insurance Expense ....................................790
Other Expenses (all cash) ...........................990
Changes in current assets and liabilities:
Accounts Receivable increased by $640.
Inventory increased by $510.
Accounts Payable increased by $97
Salaries Payable decreased by $170.
Prepaid Insurance decreased by $160.