A comparative balance sheet and income statement is shown for Cruz, Incorporated. CRUZ, INCORPORATED Comparative Balance Sheets 2021 2020 $94,800 41,000 85,800 5,400 227,000 109,000 (17,000) $319,000 $24,000 51,000 95,800 4,200 175,000 119,000 19,000) $285,000 At December 31 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Furniture Accumulated depreciation - Furniture Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long-term) Total liabilities Equity Common stock, $5 par value Retained earnings Total liabilities and equity $15,000 9,000 1,400 25,400 29,000 54,400 $21,000 5,000 2,600 28,600 69,000 97,500 229,000 35,600 $319,000 179,000 8,400 $285,000 CRUZ, INCORPORATED Income Statement For 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 $488,000 314,000 174,000 89,100 37,600 47,300 17,300 $30,000 Required: Use the indirect method to prepare the operating activities section of Cruz's statement of cash flows. (Use cells A6 to 038, as well as the "Cash Flow Items" tab for cell referencing and/or formulas needed to complete this question.) Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities