Cradle book Problem 12-3A The income statement of Flounder Corp. is presented here. Flounder Corp. ncome statement For the Year Ended November 30, 2017 Sales revenue $7,5 Cost of goods sold Beginning inventory $1,897,000 4 28.700 Goods available for sale 6.225.700 Total cost of goods sold Gross profit 2,913,000 operating expenses 447,600 Administrative expenses 713 900 500 Additional information: receivable decreased $324800 during the year and inventory decreased s269,700. 2. Prepaid expenses increased $147,300 during the year 3. Accounts payable to suppliers merchandise during the year Accrued expenses payable decreased 101,300 during the year. 5. Administrative expenses include depreciation expense of $109,700. prepare the operatng activities section of the statement of cash flows for the year ended November 30, 2017, for Founder Corp, using the indirect method. (show amounts that decrease cash flow with either a sign e g.-15.000 or in parenthesis e g (15.000)) Fkunder Corp. 65 PM