Alpenrose Direct, Inc. presented the following income statement and selected balance sheet accounts. BEE (Click the icon to view the income statement.) sheet accounts.) ete (Click the icon to view the balance are the operating cash flows section of the cash flow statement using the direct method. ume that accrued liabilities pertain to general and administrative expenses. (Use a minus sign or parentheses for any numbers to be subtracted. If an input field is not used in the statement, leave the field empty; do not select a label or enter a zero.) Income Statement Alpenrose Direct, Inc. Income Statement Sales Revenue 1,349,000 854,000 Cost of Goods Sold Gross Profit 495,000 Selling Expenses* 52,000 General and Administrative Expenses 118,000 23,000 Depreciation Expense Operating Income 302,000 Interest Expense Interest Revenue Income before Taxes 11,000 3,000 294,000 87,000 Income Tax Expense Net Income $ 207,000 *Includes $21,000 expense for stock-based compensation and $31,000 of wage expense. - X