(7 points) Partial balance sheets and additional information are listed below for Hogwarts Company. Partial Balance Sheets As of December 31 Assets Cash 2020 2019 $20,000 $30,000 Accounts receivable 64,000 83,000 Inventory Liabilities Accounts payable 50,000 32,000 $20,000 $18,000 Additional information for 2020: . Net income was $70,000. Depreciation expense was $21.400. . COGS was $45,000. Stock-based compensation was $10,200. Required: Prepare the operating activities section of the statement of cash flows for 2016 using the indirect method.