Solstice SA had the following 2027 income statement.
Sales Revenue 240,000
Cost of Goods Sold 144,000
Gross profit 96,000
Operating Expenses (includes
depreciation of $25,200) 60,000
Net Income 36,000
The following accounts increased during 2027: Accounts Receivable $14,400, inventory $13,200, and Accounts Payable $15,600. Prepare the Cash flows from operating activities section of Solstice SA's 2027 statement of cash flows using the Indirect method.