7 Suppose your company reports $185 of net income and $45 of cash dividends paid, and its comparative balance sheet indicates the following Cash Accounts Receivable Beginning $ 40 Ending $ 230 100 200 Inventory 270 160 Total $410 $590 Salaries and Wages Payable $15 $75 Common Stock 125 105 Retained Earnings Total 270 $410 410 $590 Required: 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Net Income Increase in Accounts Receivable Decrease in Inventory Increase in Salaries and Wages Payable Dividends paid Net Cash Flow from Operating Activities