3. Krayon Company's income statement for the year ended December 31, 2012, contained the following condensed information Krayon's balance shect contained the following comparative data at December 31. Instructions Prepare the operating activities section of the statement of cash flows using the direct method. Indirect method: Net income + depreciation -gain - inc, in A/R + inc. in A/P - dec. in taxes payable Net Cash flow from operating activities ??? a. How much is cash flow received from customers? 1604,000-inc.A/R=? b. How much is cash paid as operating expenses? 1,280,000-inc.A/P=? c. How much is cash paid as taxes? 90,000+dec.incometaxpayable=? abc=