A company's income statement showed the following for the year ended December 31, 2010: net income, $124,000; depreciation expense, $30,000; and gain on sale of plant assets, $14,000. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $9,400; merchandise inventory increased $18,000; prepaid expenses decreased $6,200; accounts payable increased $3,400.
Required:
Prepare, in good form, the cash flows from operating activities section of the statement of cash flows.