Blackboard XCO A MOTIONLY Remaining Time: 1 hour, 55 minutes, 15 seconds. Question Completion Status: QUESTION Use the following information to prepare the operating activities section of the statement of cash flows using the indirect method. Wonder Company Sales Cost of goods sold Gross profit from sales Income Statement For Year Ended December 31, 2019 270,000 156.000 Accounts receivable 114,000 To points Save Answer Balance December 31, 2019 December 31, 2018 41,400 36,000 Operating expenses: Merchandise Inventory 33,450 30,000 Salaries expense 37,500 Depreciation expense 10,500 Rent expense 10,800 Prepaid rent 825 600 Interest expense 2,850 61,650 Income from operations 52,350 Loss on sale of land Net income 5.250 Accounts payale 40,650 39,000 47,100 Salaries payable 15,600 13,500 Interest payable 450 375 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Click Save and Submit to save and submit. Click Save All Answers to save all answers, SONY Save All Answers Close Window Save and Submit VPCEB