Starfire Telescopes Company uses the indirect method to prepare the statement of cash flows. Refer to the following income statement:

                   Starfire Telescopes Company

                              Income Statement

                  Year Ended December 31, 2017

Sales Revenue                                    $275,000

Interest Revenue                                       2,600

Total Revenues                                                                    $277,600

Cost of Goods Sold                              135,000

Salary Expense                                       66,500

Depreciation Expense                           32,000

Other Operating Expenses                  35,900

Interest Expense                                       2,400

Income Tax Expense                               6,500

Loss on Sale of Plant Assets                   2,000

Total Expenses                                                                       280,300

Net Loss                                                                                 ( $2,700)

Additional information provided by the company includes the following:

Current assets other than cash decreased by $25,000.

Current liabilities increased by $3,000.

Prepare the operating activities section of the statement of cash flows.

Cash Flows from Operating Activities:

Net Loss                                                                                                     ($xx)

Adjustments to Net Loss:

Depreciation Expense                                                    xx

Loss on Sale of Plant Assets                                          xx

Decrease in Current Assets                                           xx

Increase in Current Liabilities                                       xx                           xx

Net Cash Provided by Operating Activities                                         $xx