Current Attempt in Progress

Cullumber Ltd. reported the following for the fiscal year 2021:

CULLUMBER LTD. Income Statement Year Ended September 30, 2021
Sales				$573,000
Cost of goods sold				328,000
Gross profit				245,000
Operating expenses		$ 99,000
Depreciation expense		24,000
Gain on sale of land		(34,000	)	89,000
Profit before income tax				156,000
Income tax expense				39,000
Profit				$117,000

Additional information:
1.		Accounts receivable decreased by $15,300 during the year.
2.		Inventory increased by $6,800 during the year.
3.		Prepaid expenses decreased by $4,800 during the year.
4.		Accounts payable to suppliers increased by $10,300 during the year.
5.		Accrued expenses payable increased by $4,300 during the year.
6.		Income tax payable decreased by $6,100 during the year.

Prepare the operating activities section of the cash flow statement using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

CULLUMBER LTD. Cash Flow Statement (Partial)Indirect Method
		$
Adjustments to reconcile profit to
	$
Cash at Beginning of PeriodCash at End of PeriodFinancing ActivitiesInvesting ActivitiesOperating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash		$