Canada Trans $($CT$)$ began $2020$ with accounts receivable, inventory, and prepaid expenses totalling $$67,000.$ At the end of the year, CT had a total of $$77,000$ for these current assets. At the

beginning of $2020,$ CT owed current liabilities of $$48,000,$ and at year$-$end, current liabilities totalled $$40,000.$ Net income for the year was $$82,000.$ Included in net income were a $$6,000$ gain

on the sale of land and depreciation expense of $$5,000.$

Show how CT should report cash flows from operating activities for $2020.$ CT uses the indirect method.

$($Use parentheses or a minus sign for numbers to be subtracted or a net decrease in cash.$)$

Cash flows from operating activities:

Net income