The income statement disclosed the following items for the current year: 
Balances of the current assets and current liabilities accounts changed between December 31, last year, and December 31, this year, as follows: 
Required:
Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method.
Definitions:
Aggregate Supply Curve
A graphical representation showing the relationship between the total supply of goods and services at various price levels in an economy.
Aggregate Demand
The total demand for all goods and services in an economy at a given overall price level and in a given period.
Macroeconomic Equilibrium
Occurs when aggregate demand equals aggregate supply in an economy, resulting in stable prices, full employment, and balanced economic growth.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price level in a given period.
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