Partial Balance Sheets and Additional Information Are Listed Below for Sowell

Partial balance sheets and additional information are listed below for Sowell Company. Sowell Company
Partial Balance Sheets
as of December 31
$\begin{array}{|l|l|l|}\hline \text { Assets } & 2018 & 2017 \\\hline \text { Cash } & \$ 40,000 & \$ 20,000 \\\hline \text { Accounts receivable } & 70,000 & 85,000 \\\hline \text { Inventory } & 40,000 & 35,000 \\\hline \text { Liabilities } & & \\\hline \text { Accounts payable } & \$ 54,000 & \$ 62,000 \\\hline\end{array}$ Additional information for 2018:
Net income was $88,000.
Depreciation expense was $19,000.
Required:
Prepare the operating activities section of the statement of cash flows for 2018 using the indirect method.