A comparatie balance sheet and income statement is shown for Cruz, Incorporated. 2020 CRUI, INCORPORATED Comparative Balance Sheets At December 31 2021 Assets Cash $ 62,800 Accounts receivable, net 27,000 Inventory 56,600 Prepaid expenses 3,500 Total current assets 149.900 Purniture 70,500 Accumulated depreciation Furniture (10,900) Total assets $ 209,500 Liabilities and Equity Accounts payable $ 9,900 Wages payable 5,900 Income taxes payable 1.000 Total current liabilities 16,800 Notes payable (long-term) 20.700 Total liabilities 37,500 Equity Common stock, 55 par value 150,000 Retained earnings 22.000 Total liabilities and equity 5 209,500 $ 15,700 33,300 62,500 2,900 114,400 82,200 (6.200) $ 190,400 $ 14,000 3,300 1.800 19,100 47,800 66,900 121,000 2,500 $ 190,400 CRUZ, INCORPORATED Income Statement Tor Year Ended December 31, 2021 Sales Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense Net income $ 325,000 209,800 116,200 59,500 25,100 31,600 11.500 $ 20,100 Required: Use the Indirect method to prepare the operating activities section of Cruz's statement of cash flows (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities Income statementem not affecting cash Changes in current operating assets and Babies 5 0