Hill Company Reported Net Income of $10,000 for 2014 Required:
Calculate Net Cash Flows from Operating Activities, Using the 2014

Hill Company reported net income of $10,000 for 2014. Additional 2014 information is as follows: $$\begin{array} { l r } \text { Expenditures for productive assets } & \$ 6,000 \\\text { Depreciation expense on productive assets } & 2,000 \\\text { Dividends paid on common stock } & 900 \\\text { Increase in accounts payable } & 400 \\\text { Decrease in inventory } & 200 \\\text { Amortization of patent } & 100 \\\text { Decrease in accounts receivable } & 300\end{array}$$ Required:
Calculate net cash flows from operating activities, using the indirect method.