Aquarius Endoscope Inc. presents the following income statement and select balance sheet accounts.

Prepare the operating cash flows section of the cash flow statement using the indirect method. (Use a minus sign or parentheses for any numbers to be subtracted. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.

EPWA-1 (similar to) Aquarius Endoscope, Inc. presents the following income statement and select balance sheet accounts (Click the icon to view the balance sheet.) (Click the icon to view the income statement.) Requirement Prepare the operating cash flows section of the cash flow statement using the indirect method. (Use a minus sign or parentheses for any numbers to be subtracted. If a box is not used in the statem empty, do not select a label or enter a zero.) * Income Statement Aquarius Endoscope, Inc. Partial Statement of Cash Flows (Indirect Method) For the Current Year Ended Aquarius Endoscope, Inc. Operating Activities: Statement of Net Income For the Current Year Ended Adjustments to Reconcile Net Income to Cash Flows Sales Revenue $ 1.500.000 from Operating Activities: Cost of Goods Sold 875,000 Gross Profit 625,000 Changes in Current Assets and Liabilities Wage Expense 50,000 General and Administrative Expenses 115,000 Depreciation Expense 29.000 Operating Income 431,000 Interest Expense 9,000 Income before Taxes 422,000 Income Tax Expense 82.000 340,000 Net Income Cash Collected from Customers Cash Paid for Income Taxes Cash Paid for Interest Print Done Cash Paid for Merchandise Cash Paid to Employees Cash Paid to Other Suppliers Decrease in Accounts Payable i Balance Sheet Decrease in Accounts Receivable Decrease in Accrued Expenses Decrease in Income Taxes Payable Select Balance Sheet Accounts Decrease in Interest Payable Decrease in Inventory Account Beginning Ending Decrease in Prepaid Expenses Accounts Receivable $ 22,000 $ 18.500 Decrease in Wages Payable Inventory 589,700 615,000 Depreciation Expense Prepaid Expenses 12,200 10,650 Increase in Accounts Payable Accounts Payable 58.500 51.000 Increase in Accounts Receivable Increase in Accrued Expenses Wages Payable 5.900 6.800 Increase in Income Taxes Payable Interest Payable 2.450 2.050 Increase in Interest Payable Increase in Inventory Print Done Increase in Prepaid Expenses Increase in Wages Payable Net Income - X