The following information has been obtained from Sardy Corp.€™s 2009 income statement and beginning and ending 2009 balance sheets.

Required:
Prepare the operating activities section of a statement of cash flows using the indirect method.

Sales Cost of goods sold Depreciation expense Rent expense Wages expense Loss on sale of machine Tax expense S624,000 235,000 43,600 32,000 165,240 21,000 50,864 Accounts Receivable Inventory Prepaid Rent Accounts Payable Wages Payable Tax Payable 1/1/09 $34,100 2,300 850 12,040 15,390 10,100 12/31/09 S31,800 2,450 1,400 13,295 17,210