2. Quimby Corporation had the following 2020 income statement. Sales revenue $200,000 120,000 80,000 Cost of goods sold Gross profit Operating expenses (includes depreciation of $21,000) Net income 50,000 $ 30,000 The following accounts increased during 2020; Accounts Receivable $12,000, Inventory $11,000, and Accounts Payable $13,000. Prepare the cash flows from operating activities section of Quimby's 2020 statement of cash flows using the direct method