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32. The accounting information for Electronic Wonders reveals the following information: Net Income of $95,000; Depreciation Expense of $50,000; Salary Expense of $60,000 Gain from
32. The accounting information for Electronic Wonders reveals the following information: Net Income of $95,000; Depreciation Expense of $50,000; Salary Expense of $60,000 Gain from the sale of Equipment of $30,000; and increases in Accounts Receivable, Accounts Payable, and Inventory of $40,000, $23,000, and $20,000, respectively. Prepare the operating activities section of Electronic Wonders' statement of cash flows using the indirect method. 20 points
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