New Vision Company completed its statement of earnings and statement of financial position for 2015 and provided the following information:

Required:
Present the operating activities section of the statement of cash flows for New Vision Company using the indirect method. Assume a December 31 fiscal year- end.

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Statement of Earnings for 2015 Service revenue Expenses: $86,000 $42,000 7,300 7,000 1,700 Salaries Be preciation Utilities 58,000 8,000 Loss on sale of equipment Net earnings Partial Statement of Financial Position Trade receivab Other accrued liabilities Land 2015 $12,000 19,000 5,000 52,000 2014 $24,000 10,000 9,000 57,000 ries payable