Information needed to prepare the Cash Flow from Operating Activities section of Par Corporation's consolidated statement of cash flows is included in the following list:

Amortization of patents ........................................... $ 32,000

Consolidated net income .......................................... 300,000

Decrease in accounts payable ....................................... 40,000

Depreciation expense .............................................. 240,000

Increase in accounts receivable ................................... 210,000

Increase in inventories .............................................. 90,000

Loss on sale of land ................................................ 200,000

Noncontrolling interest share ..................................... 100,000

Noncontrolling interest dividends ................................. 48,000

Undistributed income of equity investees ........................ 10,000

REQUIRED

Prepare the Cash Flows from Operating Activities section of Par's consolidated statement of cash flows under the indirect method.