Exercise $11-6($Algo$)$ Calculate operating activities$-$indirect method $($LO$11-3)$

Jewelry Suppliers reports net income of $$145,000.$ Included in net income is a gain on the sale of land of $$10,000.$ A comparison of this year's and last year's balance sheets reveals an increase in accounts receivable of $$15,000,$ an increase in inventory of $$10,000,$ and a decrease in accounts payable of $$35,000.$

Required:

Prepare the operating activities section of the statement of cash flows using the indirect method. $($Amounts to be deducted should be indicated with a minus sign.$)$