Verna Company’s records provided the following information for 2016:
a. Decrease in accounts payable, $4,600
b. Loss on sale of land, $1,900
c. Increase in inventory, $7,800
d. Increase in income taxes payable, $2,700
e. Net income, $68,400
f. Patent amortization expense, $1,600
g. Ordinary' loss, $6,200
h. Decrease in deferred taxes payable, $2,500
i. Amortization of discount on bonds payable, $1,300
j. Payment of cash dividends, $24,000
k. Depiction expense, $5,000
l. Decrease in salaries payable, $1,400
m. Decrease in accounts receivable, $3,500
n. Gain on sale of equipment, $6,100
o. Proceeds from issuance of stock, $57,000
p. Ordinary gain, $3,700
q. Depreciation expense, $10,000
r. Amortization of discount on investment in bonds, $1,500
Required:
Prepare the operating activities section of Verna’s 2016 statement of cash flows.