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 $19,800 8,800 Accrued liabilities decrease 6,600 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 8,800 Inventory decrease Net income Prepaid expenses increase 28,600 167,200 4,400 Use a negative sign with answer to show cash outflow from (used by) operating activities. Cash flow from (or used by) operating activities