C Salved: Statement of C New from from Echegg tutor pay . Bing New tab mework Help Save Chew Corporation prepares its statement of cash flows using the indirect method of reporting operating activities. Net income for the 2018 fiscal year was $1269,000. Depreciation expense of $159,000 was included with operating expenses in the income statement The following information describes the changes in curent assets and habilties other than cash Decrease in inventories Decrease in prepaid expenses Decrease in salaries payable Increase in accounts receivable $171,000 127,000 81,800 49,000 Increase in income taxes payable 63,880 Required: Prepare the cash flows from operating activities for 2018 (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating actvibes for noncash effects Changes in operating assels and Fabloes C Prev 5of9 Next