Use the following balance sheets and income statement to answer

Required Use the indirect method to prepare the cash provided or used from operating activities section only of the statement of cash flows for this company.

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CRUZ, INC. Comparative Balance Sheets December 31, 2013 2013 2012 Assets Cash $ 94,800 $ 24.000 Accounts receivable, net. Inventory. 41,000 51,000 85,800 95,800 Prepaid expenses 5,400 4,200 Furniture 109,000 119,000 Accum, depreciation-Furniture (17,000) (9,000) Total assets $319,000 $285,000 Liabilities and Equity Accounts payable $ 15,000 $ 21,000 Wages payable. 9,000 5,000 Income taxes payable 1,400 2,600 Notes payable (long-term) 29,000 69,000 Common stock, $5 par value 229,000 179,000 Retained earnings 35,600 8,400 Total liabilities and equity $319,000 $285,000