5 points 1 The income statement and selected balance sheet information for Direct Products Company for the year ended December 31 are presented below. Sales Revenue Expenses: Income Statement Cost of Goods Sold Depreciation Expense Salaries and Wages Expense Rent Expense eBook Insurance Expense Interest Expense Utilities Expense Print Net Income $ 45,600 19,500 1,700 8,700 4,200 1,750 1,650 1,250 $ 6,850 Selected Balance Sheet Accounts References Ending Balances Accounts Receivable $ 575 Beginning Balances $ 610 Inventory 860 705 Accounts Payable 435 490 Prepaid Rent 31 23 Prepaid Insurance 28 34 Salaries and Wages Payable 74 47 26 18 Utilities Payable Required: Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) DIRECT PRODUCTS COMPANY Statement of Cash Flows (Partial) For the Year Ended December 31 Cash Flows from Operating Activities: Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Changes in Current Assets and Current Liabilities $