11-6A (Algo) Calculate operating activities-direct method (LO11-7) Portions of the financial statements for Avatar Technologies are provided below. AVATAR TECHNOLOGIES Income Statement For the Year Ended December 31, 2024 Net sales Expenses: Cost of goods sold Operating expenses Depreciation expense Income tax expense Total expenses Net income $304,000 $184,000 59,000 15,900 21,500 280,400 $ 23,600 AVATAR TECHNOLOGIES Selected Balance Sheet Data December 31, 2024, compared to December 31, 2023 $ 5,900 Decrease in accounts receivable Increase in inventory Decrease in prepaid rent Increase in salaries payable Decrease in accounts payable Increase in income tax payable Required: 12,900 8,900 4,900 7,900 19,600 Prepare the operating activities section of the statement of cash flows for Avatar Technologies using the direct method. (Amounts to be deducted should be indicated with a minus sign.) AVATAR TECHNOLOGIES Statement of Cash Flows For the Year Ended December 31, 2024 Cash Flows from Operating Activities: Net cash flows from operating activities $ 0