Cemptex Corporation prepares its statement of cash flows using the indirect method to report operating activities. Net income for the 2024 fiscal year was $624,000. Depreciation and amortization expense of $87,000 was included with operating expenses in the income statement. The following information describes the changes in current assets and liabilities other than cash:

Required:
Prepare the operating activities section of the 2024 statement of cash flows.

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Decrease in accounts receivable Increase in inventory Increase prepaid expenses Increase in salaries payable Decrease in income taxes payable $22,000 9,200 8,500 10,000 14,000