Staley Inc. reported the following data:

Net income $237,500
Depreciation expense 51,100
Loss on disposal of equipment 26,800
Increase in accounts receivable 13,000
Increase in accounts payable 12,500

Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.