CRUZ, INCORPORATED Comparative Balance Sheetg At December 31 20212020 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Furniture \begin{tabular}{rr} $94,800 & $24,000 \\ 41,000 & 51,000 \\ 85,800 & 95,800 \\ 5,400 & 4,200 \\ \hline 227,000 & 175,000 \end{tabular} Accumulated depreciation-Furniture Total assets Liabilities and Equity Accounts payable Wages payable \begin{tabular}{rr} 109,000 & 119,000 \\ (17,000) & (9,000) \\ \hline$319,000 & $285,000 \\ \hline \end{tabular} Income taxes payable Total current liabilities Notes payable (long-term) Total iiabilities Equity Common stock, $5 par value Retained earnings Total liabilities and equity \begin{tabular}{rr} $15,000 & $21,000 \\ 9,000 & 5,000 \\ 1,400 & 2,600 \\ \hline 25,400 & 28,600 \\ 29,000 & 69,000 \\ \hline 54,400 & 97,600 \end{tabular} CRUZ, INCORPORATED Income Statement For Year Ended December 31, 2021 Salea Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense Net income Required: Use the indirect method to prepare the operating activities section of Cruz's statement of cash flows. Note: Amounts to be deducted should be indicated with a minus sign