The following data has been taken from the Shine Machinery Inc., income statement and balance sheet: Dec. 31, Jan. 2012 Jan. 1, 2013 Income statement: Net Income . . .

The following data has been taken from the Shine Machinery Inc., income statement and balance sheet: Dec. 31, Jan. 2012                  Jan. 1, 2013 Income statement: Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . … . .$375,000 Depreciation Expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..   115,000 Amortization of Intangible Assets . . . . . . . . . . . . . . . . . . . . . . . . . . .  . 41,000 Gain on Sale of Plant Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  ….. 91,000 Loss on Sale of Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . …. . 34,000 Balance sheet: Accounts Receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . …$345,000                                  $380,000 Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . …513,000                                    575,000 Prepaid Expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ……23,000                                      10,000 Accounts Payable (to merchandise suppliers) . . . . . . . . . . . . . . . . ….  389,000                                    410,000 Accrued Expenses Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . …. ..170,000                                    155,000” Required: Use the above information for the preparation of net cash flow from the operating activities through the indirect method for the following year ended 31, December, 2013.”

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