Prepare the Investing Activities Section of Moreno's Statement of Cash

The following is a partial list of accounts and balances for the Flores Corporation.Prepare the operating activities section of the statement of cash flows for 2016 using the indirect method. Additional information: Net income for 2016 was $36,900;depreciation expense was $26,700;equipment with a book value of $20,000 was sold for $18,000 cash.

Gerrity,Inc.uses the perpetual inventory method.During the year,Gerrity purchased $34,500 of inventory on account under the terms 2/10,net 30.After receipt of the merchandise,Gerrity discovered some of the merchandise was defective and returned $6,000 of merchandise.Gerrity River paid the total liability for the merchandise within the discount period.All merchandise was finally sold for $39,000 cash. What would be the net cash flow from operating activities resulting from the above transactions?