Chew Corporation prepares its statement of cash flows using the indirect method of reporting operating activities. Net income for the 2021 fiscal year was $1,250,000. Depreciation expense of $140,000...

Chew Corporation prepares its statement of cash flows using the indirect method of reporting operating activities. Net income for the 2021 fiscal year was $1,250,000. Depreciation expense of $140,000 was included with operating expenses in the income statement. The following information describes the changes in current assets and liabilities other than cash:

Increase in accounts receivable                                                   $152,000
Decrease in inventory                                                                    108,000
Decrease prepaid expenses                                                             62,000
Decrease in salaries payable                                                            30,000
Increase in income taxes payable                                                    44,000

Required:
Calculate cash flows from operating activities for 2021.