elected information from Cullumber Ltd.s statement of financial position and statement of income is as follows: CULLUMBER LTD. Statement of Financial Position (partial) December 31 2021 2020 Current assets Accounts receivable $7,900 $12,000 Inventory 7,000 4,800 Prepaid expenses 5,000 2,200 Current liabilities Accounts payable 4,100 2,100 Income tax payable 1,600 650 Property tax payable 2,800 1,350 Bank loan pay

ablecurrent portion 5,000 9,000 CULLUMBERLTD. Statement of Income Year Ended December 31, 2021 Sales $180,000 Cost of goods sold 112,000 Gross profit 68,000 Operating expenses 50,000 Income from operations 18,000 Interest expense 1,200 Income before income tax 16,800 Income tax expense 3,000 Net income $13,800 Additional information: 1. The bank loan was received in the past to finance the purchase of equipment. 2. Operating expenses included depreciation expense of $11,800 and a loss of $5,300 on the disposal of equipment. Prepare the operating activities section of the statement of cash flows, using the indirect method