Hehman Company reports net income of $530,000 for the year ended December 31, 2009. It also reports $95,400 depreciation expense and a $4,000 gain on the sale of machinery. Its comparative balance sheets reveal a $42,400 increase in accounts receivable, $21,730 increase in accounts payable, $11,660 decrease in prepaid expenses, and $16,430 decrease in wages payable.
Required
Prepare only the operating activities section of the statement of cash flows for 2009 using the indirect method.