CALCULATOR #RACE NEX Question 4 Presented below is the income statement of Mary, Inc.: Sales revenue Cost of goods sold Gross profit Operating expenses Income before income taxes Income taxes Net Income $389,500 226,500 $160,000 90,000 72.100 22.400 $ 49,700 In addition, the following information related to ne changes in working capital is presented Debit Credit Cash $12,100 Accounts receivable 25.500 Inventories $19.500 Salaries payable operating expenses) 8.200 Accounts payable 13,400 Income taxes payable 2.900 The company also indicates that depreciation expense for the year was $16.700 and that the deferred taxabity account increased $2.000 (a) Prepare a schedule computing the net cash flow from operating activities by using the indirect method that would be shown on a statement of cash flows. (Show amounts that decrease cash flow with either a sign .g. -10,000 or in parenthesis e.o. (10.000).) Mary, Inc. Statement of Cash Flows (Partial) (Indirect Method) Adjustments to recondle net income to Click if you would like to show Work for this