CH 3 MOSS COMPANY Selected Balance Sheet Information December 31, 2019 and 2018 2019 2018 Current assets Cash $93,650 $ 35,800 Accounts receivable 34,000 50,000 Inventory 69,000 55,900 Current Habilities Accounts payable 48,400 34,700 Income taxes payable 2,950 4,000 BOOK Hint $ 574,000 367,600 206,400 Print MOSS COMPANY Income Statement For Year Ended December 31, 2019 Sales Cost of goods sold Gross profit Operating expenses Depreciation expense $ 54,000 Other expenses 131,000 Income before taxes Income taxes expense Net income rences 185,000 21,400 11,800 9,689 Use the information above to calculate cash flows from operating activities using the indirect me (Amounts to be deducted should be indicated by a minus sign.) Cash flows from operating activities: Adjustments to reconcile net income to operating cash flow