$9$

$04$:$15$:$55$

$\backslash$table$[[\backslash$table$[[$MOSS COMPANY$],[$Income Statement$],[$For Year Ended December $31,2021]],],[$Sales$,$$$559,000],[$Cost of goods sold,$361,600],[$Gross profit,$197,400],[$Operating expenses $($excluding depreciation$),129,500],[$Depreciation expense,$51,000],[$Income before taxes,$16,900],[$Income taxes expense,$9,600],[$Net income,$$7,300]]$

$\backslash$table$[[\backslash$table$[[,$MOSS$],[$At Delected Balance,$]],\backslash$table$[[$COMPANY$],[$Sheet Information$],[2021]],2020],[$Current assets$],[$Cash$,$$$92,150,$$$34,300],[$Accounts receivable,$32,500,47,000],[$Inventory$,67,500,55,600],[$Current liabilities$],[$Accounts payable,$45,400,33,200],[$Income taxes payable,$2,800,3,700]]$

Use the information above to calculate cash flows from operating activities using the indirect method.

Note: Amounts to be deducted should be indicated by a minus sign.

$\backslash$table$[[$Cash flows from operating activities:,,$],[,,],[$Adjustments to reconcile net income to net cash provided by operating activities,,$],[$Income statement items not affecting cash,$$51,000,],[,,],[$Changes in current operating assets and liabilities,,$],[,,],[,,],[,,],[,,]]$