Check my world Income Statement for Current Year Sales $ 86,300 Expenses Cost of goods sold $51,775 Depreciation expense 7,900 Salaries expense 10,800 70, 475 Net income $ 15,825 + Partial Balance Sheet Accounts receivable Inventory Salaries payable Current Prior year year $10,100 $14,700 12,400 9,000 1,650 950 inces Required: Present the operating activities section of the statement of cash flows for Peak Heights Company using the indirect method. (List cash outflows as negative amounts.) PEAK HEIGHTS COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities: Prev 1 of 6 Next >