2018 MOSS COMPANY Selected Balance Sheet Information December 31, 2019 and 2018 2019 Current assets Cash $93,150 Accounts receivable 33, See Inventory 68,500 Current liabilities Accounts payable 47, 480 Income taxes payable 2,900 $35,388 49,000 55,800 34,200 3,900 $ 569, eee 365,600 203,460 MOSS COMPANY Income Statement For Year Ended December 31, 2019 Sales Cost of goods sold Gross profit Operating expenses Depreciation expense $ 53,000 Other expenses 138,500 Income before taxes Income taxes expense Net income 183,500 19,900 11,180 $ 3,800 Use the information above to calculate cash flows from operating activities using the Indirect method (Amounts to be deducted should be indicated by a minus sign.) $ 8,800 operating cash flow $ Cash flows from operating activities: Net income Adjustments to reconcile net income Depreciation Accounts receivable decrease Inventory increase Accounts payable increase Income taxes payable decrease 53,000 15,500 (12,700) 13,200 (1.000) 68,000 76,800 Net cash provided by operating activities $