Cash Flow from Operating Activities Using the information for the Seville Corporation, calculate the cash flow from operating activities.

Accounts payable increase	$16,200
Accounts receivable increase	7,200
Accrued liabilities decrease	5,400
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	7,200
Inventory decrease	23,400
Net income	136,800
Prepaid expenses increase	3,600

Use a negative sign with answer to show cash outflow from (used by) operating activities.

Cash flow from (or used by) operating activities: