A comparative balance sheet and income statement is shown for Cruz, Inc. 2018 CRUZ, INC. Comparative Balance Sheets December 31, 2019 2019 Assets Cash $ 71,600 Accounts receivable, net 30,900 Inventory 64,700 Prepaid expenses 4,000 Total current assets 171,200 Furniture 80,600 Accum. depreciation-Furniture (12,500) Total assets $239,300 Liabilities and Equity Accounts payable $ 11,300 Wages payable 6,800 Income taxes payable 1,100 Total current liabilities 19,200 Notes payable (long-term) 22,800 Total liabilities 42,000 Equity Common stock, $5 par value 174,100 Retained earnings 23,200 Total liabilities and equity $239, 300 $ 18,000 38,200 71,700 3,300 131,200 93,500 (7,000) $217,700 $ 16,000 3,800 2,100 21,900 55,800 77,700 138,700 1,300 $217,700 CRUZ, INC. Income Statement For Year Ended December 31, 2019 Sales $372,800 Cost of goods sold 239,900 Gross profit 132,900 Operating expenses Depreciation expense $28,700 Other expenses 68,100 96,800 Income before taxes 36,100 Income taxes expense 13,200 Net income $ 22,900 Required: Required: Use the indirect method to prepare the operating activities section of the statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities Adjustments to reconcile net income to operating cash flow Income statement items not affecting cash Changes in current operating assets and liabilities $ ol