Salt Lake Company€™s 2013 income statement and selected balance sheet data at December 31, 2012 and 2013 follow.

Required
Prepare the cash flows from operating activities section only of the company€™s 2013 statement of cash flows using the indirectmethod.

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SALT LAKE COMPANY Income Statement For Year Ended December 31,2013 Sales evenue...$156,000 SALT LAKE COMPANY Selected Balance Sheet Accounts Expenses Cost of goods sold. Depreciation expense Salaries expense Rent expense Insurance expense.. Interest e Utilities expense2000P .72.000 32,000 At December 31 Accounts receivable .$3,600 $3,000 Inventory .860 980 Accounts payable ...2400 2.600 2013 2012 20,000 Inventory 2.600 Salaries payable. . 900 600 xpense 2,400 Utilities payable ..200 Prepaid insurance... Prepaid rent 100 140 80 200 Net incomeP