Exercise $16-6($Algo$)$ Indirect: Cash flows from operating activities LO P$2$

Salud Company reports the following information.

$\backslash$table$[[$Selected Annual Income Statement Data,Selected Year$-$End Balance Sheet Data,,$],[$Net income,$$405,000,$Accounts receivable increase,$47,600],[$Depreciation expense,$85,000,$Prepaid expenses decrease,$15,000],[$Gain on sale of machinery,$22,400,$Accounts payable increase,$8,400],[,$Wages payable decrease,$2,700,]]$

Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December $31.$ Note: Amounts to be deducted should be indicated with a minus sign.

$\backslash$table$[[$Statement of Cash Flows $($partial$),],[,,],[$Adjustments to reconcile net income to net cash provided by operating activities,,$],[$Income statement items not affecting cash,,$],[,,],[,,],[$Changes in current operating assets and liabilities,,$],[,,],[,,],[,,],[,,]]$