Accounts receivable arising from sales to customers amounted to $45000 and $55000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $173000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is $173000. $163000. $183000. $218000. Crane Company reported net income of $103000 for the year ended December 31, 2020. During the year, inventories decreased by $14900, accounts payable decreased by $20100, depreciation expense was $18000 and a gain on disposal of equipment of $8800 was recorded. Net cash provided by operating activities in 2020 using the indirect method was $117900. $115800. $107000. $99400.