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Annual Income Statement Data Sales Expenses: Cost of goods sold Wages expense Amortization expense Net income Selected Year-End Balance Sheet Data $ 55,000 Wages payable

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Annual Income Statement Data Sales Expenses: Cost of goods sold Wages expense Amortization expense Net income Selected Year-End Balance Sheet Data $ 55,000 Wages payable decrease Inventory increase 36,000 Accounts payable decrease 11,500 2,400 $ 5,100 $ 3,500 510 1,000 Prepare the operating activities section of the statement of cash flows for GreenGarden using the indirect method deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activitiesindirect method Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities

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