the following is accounting information taken from the hyde comp 250469

The following is accounting information taken from the Hyde Company’s records for 2007:

1. Amortization of premium on bonds payable, $600

2. Purchase of equipment, $6,000

3. Depreciation expense, $7,400

4. Decrease in accounts receivable, $800

5. Decrease in accounts payable, $2,800

6. Issuance of long-term note for cash, $4,200

7. Increase in inventories, $7,500

8. Gain on sale of land, $8,000

9. Increase in prepaid assets, $500

10. Declaration and payment of cash dividends, $1,800

11. Increase in wages payable, $300

12. Patent amortization expense, $1,000

13. Net income, $10,800

Required

Prepare the net cash flow from operating activities section of the 2007 statement of cash flows for the Hyde Company.

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