Kennedy, Inc. reported the following data:

Line Item Description Amount

Net income $$118,000$

Depreciation expense $15,000$

Loss on disposal of equipment $(10,000)$

Gain on sale of building $20,000$

Increase in accounts receivable $7,000$

Decrease in accounts payable $(2,000)$

Prepare the operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash outflows, a decrease in cash, cash payments, or any negative adjustments.