4 value: 2.00 points The following information pertains to Peak Heights Company Income Statement for Current Year $ 85,100 Expenses Cost of goods sold Depreciation expense Salaries expense $ 51,775 7,900 11,600 71,275 Net income S 13,825 Partial Balance Sheet year Accounts receivable Inventory Salaries payable S 11,300 S 13,200 13,200 9,700 860 1,630 Required Present the operating activities section of the statement of cash flows for Peak Heights Company using the direct method. (List cash outflows as negative amounts.) PEAK HEIGHTS COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities