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The following balances were gathered from Brannon Corporation's general ledger.

​	December 31, 2020	December 31, 2021
Accounts receivable	$  60,000	$  62,000
Inventory	150,000	147,000
Accounts payable	42,000	34,000
Accrued liabilities	2,000	8,000
Income taxes payable	2,000	3,000
Sales	​	380,000
Cost of goods sold	​	210,000
Operating expenses (includes $5,000 depreciation)	​	82,000
Gain on sale of equipment	​	6,000
Income tax expense	​	17,000

Required:

Using the indirect method, prepare the cash flows provided by operating activities section of Brannon's statement of cash flows for 2021.

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