A comparative balance sheet and income statement is shown for Cruz, Inc.

CRUZ, INC. Comparative Balance Sheets December 31, 2013
		2013				2012
Assets
Cash	$	94,800			$	24,000
Accounts receivable, net		41,000				51,000
Inventory		85,800				95,800
Prepaid expenses		5,400				4,200
Furniture		109,000				119,000
Accum. depreciationFurniture		(17,000	)			(9,000	)
Total assets	$	319,000			$	285,000
Liabilities and Equity
Accounts payable	$	15,000			$	21,000
Wages payable		9,000				5,000
Income taxes payable		1,400				2,600
Notes payable (long-term)		29,000				69,000
Common stock, $5 par value		229,000				179,000
Retained earnings		35,600				8,400
Total liabilities and equity	$	319,000			$	285,000

CRUZ, INC. Income Statement For Year Ended December 31, 2013
Sales				$	488,000
Cost of goods sold					314,000
Gross profit					174,000
Operating expenses
Depreciation expense	$	37,600
Other expenses		89,100			126,700
Income before taxes					47,300
Income taxes expense					17,300
Net income				$	30,000

Required:

Use the indirect method to prepare the cash provided or used from operating activities section only of the statement of cash flows for this company. (Amounts to be deducted should be indicated with a minus sign.)

Cash flows from operating activities

Net income $30,000

Adjustments to reconcile net income to operating cash flow

Depreciation $37,600

Accounts receivable decrease 10,000

Inventory decrease 10,000

Prepaid expense increase ?

Accounts payable decrease ?

Wages payable increase 4,000

Income taxes payable decrease ?

0

?

Net cash provided by operating activities ?