A comparative balance sheet and income statement is shown for Cruz, Incorporated.CRUZ, INCORPORATEDComparative Balance SheetsAt December $3120212020$Assets Cash$ $91,100$$ $22,900$Accounts receivable, net$39,10048,600$Inventory$81,80091,300$Prepaid expenses$5,2004,100$Total current assets$217,200166,900$Furniture$105,000116,200$Accumulated depreciationFurniture$(16,200)(8,700)$Total assets$ $306,000$$ $274,400$Liabilities and Equity Accounts payable$ $14,400$$ $20,200$Wages payable$8,6004,500$Income taxes payable$1,4002,500$Total current liabilities$24,40027,200$Notes payable $($long$-$term$)28,90066,400$Total liabilities$53,30093,600$Equity Common stock, $$5$ par value$216,400172,100$Retained earnings$36,3008,700$Total liabilities and equity$ $306,000$$ $274,400$CRUZ, INCORPORATEDIncome StatementFor Year Ended December $31,2021$Sales$ $469,700$Cost of goods sold$302,300$Gross profit$167,400$Operating expenses $($excluding depreciation$)85,900$Depreciation expense$36,200$Income before taxes$45,300$Income taxes expense$16,500$Net income$ $28,800$Required:Use the indirect method to prepare the operating activities section of Cruzs statement of cash flows.Note: Amounts to be deducted should be indicated with a minus sign.