The income statement disclosed the following items for 2010:

Depreciation expense $ 36,000
Gain on disposal of equipment 21,000
Net income 317,500

Balances of the current assets and current liability accounts changed between December 31, 2009, and December 31, 2010, as follows:

Accounts receivable $5,600
Inventory 3,200*
Prepaid insurance 1,200*
Accounts payable 3,800*
Income taxes payable 1,200
Dividends payable 850
*Decrease

Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method.