Statement of cash flows using the direct method

Question

Bloom Corporation had the following 2014 income statement

Sales Revenue                                                  $200,000

Cost of Goods Sold                                            120,000

Gross Profit                                                         80,000

Operating expenses

(includes depreciation of $21,000)                      50,000

Net Income                                                          30,000

The following accounts increased during 2014: Accounts Receivable $12,000; Inventory $11,000; Accounts Payable $13,000. Prepare the cash flows from operating activities section of Bloom's 2014 statement of cash flows using the direct method.