Below is an income statement for Munchies 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 Munchies Products Income Statement For the Year Ended December 31, 2020 Sales 5137,300 Cost of goods sold 57.666 79634 Gross profit Operating expenses Selling & general expenses Depreciation expense Operating income $12.200 2,670 14.870 64.764 Loss on sale of land 3.364 Income before income tax 61,400 12.280 Income tax experne Net income 549,120 Schedule of Current Assets and Current Liabilities Cash December 31. 2020 December 31, 2019 $14.200 $12.700 Accounts receivable 5,130 3930 Inventory 6,050 5,390 Prepaid expenses 2.360 2.900 Accounts payable 2.410 1.710 Accrued abilities 1650 2.300 Prepare the operating activities section of the statement of cash flows using the indirect method. Enter amounts that decres a flow either with a negative in preceding the number eg.-15.000 or parenthesises (15,0001) Munchies Products te shendet.no Partial Operating activi December 31, 2020 For the Month Ended December 31, 2020 For the Year Ended December 31, 2020