From the following, calculate the net cash flows from operating activities (use the direct method):
Sales ................ 9,500
Cost of Goods Sold .......... 4,000
Salaries Expense ........... 1,220
Insurance Expense ........... 840
Other Expenses (all cash) ......... 1,100
Changes in current assets and liabilities:
Accounts Receivable increased by $570.
Inventory increased by $540.
Accounts Payable increased by $110.
Salaries Payable decreased by $180.
Prepaid Insurance decreased by $140.