The following data were obtained from the accounting department of Joe Sixpack Inc.:

                                                            20X2                           20X1

Net income                                        $550,000                   $325,000

Cash                                                  $ 85,000                    $ 75,000

Accounts receivable                                    115,000                    112,500

Inventory                                           220,000                    245,000

Pre-paid insurance                              12,000                          9,000

Accounts payable                                41,500                        48,700

Income taxes payable                           8,900                        12,200

Salaries payable                                  21,200                        29,800

Interest payable                                   15,000                          7,500

Depreciation expense                         12,000                       12,000

Please prepare the operating section of the Statement of Cash Flows for the year ended 12/31/20X2 using the indirect method. Be sure to include a 3-line heading at the top.