The net income reported on the income statement for the current year was $58,000. Depreciation recorded on fixed assets for the year was $24,000. In addition, equipment with an original cost of $130,000 and accumulated depreciation of $115,000 on the date of the sale, was sold for $20,000. Balances of the current asset and current liability accounts at the end and beginning of the year are listed below. Prepare the cash flows from operating activities section of a statement of cash flows using the indirect method. 
Definitions:
Top Values Query
A type of query that retrieves a specified number or percentage of records from the top of a sorted list.
Unsorted Records
Unsorted Records refers to data entries in a database or dataset that are not arranged in any specific order, such as alphabetical or numeric.
Aggregate Function
A function in database management that performs a calculation on a set of values and returns a single value, such as sum, average, count, min, and max.
Statistic
A numerical measurement describing some characteristic of a sample or population, often used in the analysis of data.
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