A comparative balance sheet and Income statement is shown for Cruz, Incorporated. At December 31 Assets Cash CRUZ, INCORPORATED Comparative Balance Sheets 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 Sales Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense Net Income CRUZ, INCORPORATED Income Statement For Year Ended December 31, 2021 2021 Cash flows from operating activities $ 63,600 27,400 57,400 3,500 151,900 70,500 (10,900) $ 211,500 $ 10,000 6,000 1,000 17,000 20,700 37,709 153,600 20,200 $ 211,500 2020 $ 15,900 33,700 63,300 2,900 115,800 82,200 (6,200) $191,800 $ 14,100 3,300 1,800 19,200 47,800 67,000 124,000 200 $ 191,800 $ 328,400 211,200 Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash 117, 100 60,000 25,300 31,800 11,600 $ 20,200 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.)

A comparative balance sheet and income statement is shown for Cruz, Incorporated requirea: Jse the indirect method to prepare the operating activitles section of Cruz's statement of cash flows. (Amounts to be deducted hould be indicated with a minus sign.)