Captulo 16. Hampton Company reports the following information for its recent calendar year. Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

Hampton Company reports the following information for its recent calendar year. Income Statement Data Sales $79,000 Expenses: Cost of goods sold 36,000 Salaries expense 14,000 Depreciation expense 7,000 Net income $22,000 Selected Year-End Balance Sheet Data Accounts receivable increase $8,000 Inventory decrease 4,000 Salaries payable increase 700 Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities $ 0