Cash Flow from Operating Activities Using the information for the Seville Corporation, calculate the cash flow from operating activities. Accounts payable increase Accounts receivable increase Accrued liabilities decrease $14,400 6,400 4,800 Amortization expense 6,000 Cash balance, January 1 22,000 Cash balance, December 31 15,000 Cash paid as dividends 29,000 Cash paid to purchase land 90,000 Cash paid to retire bonds payable at par 60,000 Cash received from issuance of common stock 35,000 Cash received from sale of equipment 17,000 Depreciation expense 29,000 Gain on sale of equipment 6,400 Inventory decrease 20,800 Net income 121,600 Prepaid expenses increase 3,200