Partial balance sheets and additional information are listed below for Rickey Company.

Rickey Company Partial Balance Sheets as of December 31 2021 2020 Assets Cash $ 17,300 $ 37,000 Accounts receivable 82,000 67,300 Inventory 32,300 37,000 Liabilities Accounts payable $ 59,300 $ 77,000

Additional information for 2021:

Net income was $157,000.

Depreciation expense was $26,500.

Required:

Prepare the operating activities section of the statement of cash flows for 2021 using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

Cash flows from operating activities:

Adjustment for noncash effects

Changes in operating assets and liabilities

Net cash flows from operating activities