An income statement for the first year of operations for Patti Company appears below:

Sales                                   $ 390,000
Dividend revenue                    39,000
Interest revenue                       24,050
Cost of goods sold               (208,000)
Salary expense                       (26,000)
Depreciation expense             (70,200)
Income tax expense              (109,200)
Net income                             $ 39,650 

Additional information:
  a. Accounts payable, end of year, $13,000.
  b. Salaries payable, end of year, $8,450.
  c. Inventories, end of year, $26,000.
  d. Accounts receivable, end of year, $32,500.
Required:
Use the direct approach to calculate the cash provided (used) by operating activities for Patti Company.