2 The following information pertains to Peak Heights Company Income Statement for Current Year 2 points Sales $93,000 Expenses Cost of goods sold Depreciation expense Salaries expense Net income. $51,875 6,000 12,000 69,875 $23,125 eBook Hint Partial Balance Sheet. Accounts receivable Current Prior year year $10,500 $12,000 Inventory 13,000 8,000. Salaries payable 2,250 800 Print References Required: Present the operating activities section of the statement of cash flows for Peak Heights Company using the indirect method. (List cash outflows as negative amounts.) PEAK HEIGHTS COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities: