The Following Balances Were Gathered from Brandon Company's General Ledger

The following balances were gathered from Brandon Company's general ledger.
$$\begin{array} { | l | r | r | } \hline & \begin{array} { r } \text { June 30, } \\2014\end{array} & \begin{array} { r } \text { June 30, } \\2015\end{array} \\\hline \text { Accounts receivable } & \$ 120,000 & \$ 132,000 \\\hline \text { Inventory } & 180,000 & 197,000 \\\hline \text { Accounts payable } & 4 3 , 0 0 0 & 5 4 , 0 0 0 \\\hline \text { Accrued liabilities } & 12,000 & 16,000 \\\hline \text { Income taxes payable } & 2 2 , 0 0 0 & 15,000 \\\hline \text { Sales } & 4 3 0 , 0 0 0 & \\\hline \text { Cost of goods sold } & 2 7 0 , 0 0 0 & \\\hline \text { Operating expenses includes } \$ 15,000 \text { depreciation } & 1 1 2 , 0 0 0 & \\\hline \text { Gain on sale of equipment } & 2 6 , 0 0 0 & \\\hline \text { Income tax expense } & 17,000 & \\\hline\end{array}$$
Required:

Using the indirect method, prepare the cash flows provided by operating activities section of Brandon’s statement of cash flows.