Using the Indirect Method,calculate the Amount of Net Cash Flows

Essay

Using the indirect method,calculate the amount of net cash flows from operating activities from the following data.Show your work.
$\begin{array}{lrlr}\text { Net Income } & \$ 63,000 & \text { Beginning Accounts Payable } & \$ 3,000 \\\text { Beginning Accounts } & & \text { Ending Accounts Payable } & 2,800 \\\text { Receivable } & 5,000 & \text { Depreciation Expense } & 10,200 \\\text { Ending Accounts Receivable } & 4,400 & \text { Amortization of Intangible } & \\\text { Beginning Prepaid Expenses } & 1,000 & \text { Assets } \\\text { Ending Prepaid Expenses } & 1,400 & \text { Dividends Declared and Paid } & 2,200\end{array}$