The current assets and current liabilities of Diego Company on December 31, 2016 and 2015, are as follows. The corporation's net income for 2016 was $60,000. Included in its expenses was depreciation of $13,000. Prepare a schedule of the cash flows from operating activities for 2016.

_____________________________Dec. 31, 2016                Dec. 31, 2015

Cash……………………………........……$ 88,000………………….$75,000

Accounts Receivable………………...104,000…………………...93,300

Prepaid Expenses………………....…...14,000…………………...16,100

Merchandise Inventory………………..79,000…………………...90,000

Accounts Payable……………………...60,400…………………...51,000

Notes Payable (Borrowing)……………45,000…………………...53,000