Complete the Following Statement of Cash Flows, Indirect Method, Schedule

Complete the following Statement of Cash Flows, indirect method, schedule to determine cash inflow (outflow) from operating activities:
Statement of Cash Flows, Indirect Method
Operating Activities:
Net income = $150,000
Adjustments to convert net income to cash from operating activities: $\begin{array}{|l|l|}\hline \text { Depreciation expense, } \$ 12,000 & \\\hline \text { Gain on sale of capital assets, } \$ 7,000 & \\\hline \text { Loss on sale of long-term investments, } \$ 4,000 & \\\hline \text { Amortization of discount on bonds payable, } \$ 3,000 & \\\hline \text { Increase in Inventory, } \$ 6,000 & \\\hline \text { Gain on retirement of long-term debt, } \$ 8,000 & \\\hline \text { Decrease in Accounts Receivable, } \$ 5,000 & \\\hline \text { Correction of prior years' errors, loss } \$ 11,000 & \\\hline \text { Cash inflow (outflow) from operating activities } & \$ \\\hline\end{array}$