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Omemee Company had the following transactions during the year:

Net Loss   ($36,000)
depreciation   $28,000
Increase in accounts receivable   $35,000
Decrease in inventories   $14,500
Increase in accounts payable   $34,000
Decrease in income taxes payable   $6,700
Decrease in wages payable   $1,800
Proceeds on Sale of Equipment   $380,000
Repayment of bonds   $250,000
Issuance of Common shares.   $100,000
Proceeds on sale of land   $150,000
Gain on sale of land   $20,000
Payment of dividends.   $10,000

Determine the cash flows from operations under ASPE:

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Great job