2016 MOSS COMPANY Selected Balance Sheet Information December 31, 2017 and 2016 2017 Current assets Cash $92,150 Accounts receivable 32,500 Inventory 67,500 Current liabilities Accounts payable 45,400 Income taxes payable 2,800 $34,300 47,000 55,600 33,200 3,700 MOSS COMPANY Income Statement For Year Ended December 31, 2017 Sales $ 559,000 Cost of goods sold 361,600 Gross profit 197,400 Operating expenses Depreciation expense $ 51,000 Other expenses 129,500 180,500 Income before taxes 16,900 Income taxes expense 9,600 Net income $ 7,300 Use the information above to calculate this company's cash flows deducted should be indicated by a minus sign.) Use the information above to calculate this company's cash flows from operating activities using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash flows from operating activities: Adjustments to reconcile net income to operating cash flow TTTT 1