1. A partial balance sheet for orange company is presented below.

Orange Company Income statement For the year Ended December 31, 2019
Sales		$50,000
Cost of goods sold		(33,500)
Gross Profit		$16,500
Operating expenses:
Salaries	$2,500
Depreciation expense	1,000
Miscellaneous	500	(4,000)
Net Income		$12,500

Orange Company Balance Sheet As at 31st December 2019
2018	2019
$1,800	$2,250	Cash
3,600	1,350	Account receivable
2,475	2,835	Inventories
250	225	Prepaid expenses
3,150	4,500	Furniture
675	675	Accounts Payable
90	540	Salaries Payable
2,000	2,250	Short term Bank Loan

Required: Prepare the operating activities section of the statement of cash flows using indirect method.