Check my work mode : This shows whot la correct or incorrect for the work you have completed Do TU! Hamburger Heaven's income statement for the current year and selected balance sheet data for the current and prior years ended December 31 are presented below. Income Statement Sales Reverwe $2,410 Expenses Cost of Goods Sold 980 Depreciation Expense 20 Salaries and Wages Expense 50 Rent Expense 310 Insurance Expense 58 Interest Expense Utilities Expense Net Income $ 68 50 20 Selected alonce Sheet Accounts Current Year Inventory Accounts Receivable 420 Accounts Payable 215 Sales Payable 45 utilities Payable 12 Prepaid Hent 4 Prepaid Insurance 13 Prior Year $ 55 200 20 20 11 TIP: Prepaid Rent decreased because the amount taken out of Prepaid Rent (and subtracted from net income as Rent Expense) was more than the amount paid for rent in cash during the current year Prepare the cash flows from operating activitiet section of the statement of cash flows using the Indirect method. (Amounts to be deducted should be indicated with a minus sign) Answer is not complete HAMBURGER HEAVEN Statement of Cash Flows Partial For the Year Ended December 31 Cash Flows from Operating Activities Ninco 1430 work mode: This shows what is correct or incorrect for the work you have comple Prepaiu Hen Prepaid Insurance 13 6 TIP: Prepaid Rent decreased because the amount taken out of Prepaid Rent (and subtracted from net income as Rent Expense) was more than the amount paid for rent in cash during the current year. Required: Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) 1.430 Answer is not complete. HAMBURGER HEAVEN Statement of Cash Flows (Partial) For the Year Ended December 31 Cash Flows from Operating Activities. Net Income 5 Adjustments to Reconcile Not Income to Net Cash Provided by Operating Activities Depreciation Expense OS 280 Decrease in Accounts Receivable (110)