Below is an income statement for Cinrich products for the year ended December 31, 2020 and the schedule listing the companies current assets and current liabilities at the end of 2019 and 2020:

Prepare the operating activities section of the statement of cash flows using the indirect method

Below is an income statement for Cinrich Products for the year ended December 31, 2020, and a schedule listing the company's current assets and current liabilities at the end of 2019 and 2020: Cinrich Products Income Statement For the Year Ended December 31, 2020 Sales $132,600 Cost of goods sold 55,692 Gross profit 76,908 Operating expenses: Selling & general expenses $12,700 Depreciation expense 2,440 15,140 Operating income 61,768 Loss on sale of land 3,688 Income before income tax 58,080 Income tax expense 11,616 Net income $46,464 Schedule of Current Assets and Current Liabilities Cash Accounts receivable Inventory Prepaid expenses Accounts payable Accrued liabilities December 31. 2020 $14,000 4,920 6,240 2,090 2.190 1.680 December 31, 2019 $12,300 3,830 5,650 2,600 1,480 2.300 Prepare the operating activities section of the statement of cash flows using the indirect method. (Enter amounts that decrease cash flowelther with a negative sign preceding the number, eg. -15,000 or parenthesis es. (15,000)) Cinrich Products Partial Statement of Cash flows - Indirect method Operating activities >