Following are the income statement and some additional information for Carolina Consulting Company. Carolina Consulting Company Income Statement For the Year Ended December 31, 2021 Net sales $12,000 Cost of goods sold (1,900) ed Gross margin 10,100 Operating expenses $2,400 Depreciation expense 1,100 (3,500) Income before taxes Income taxes Net income 6,600 (2,000) $ 4,600 All sales were on credit and accounts receivable decreased by $940 in 2021 compared to 2020. Merchandise purchases were on credit with a decrease in accounts payable of $740 during the year. Ending inventory was $540 larger than beginning inventory. Income taxes payable increased $340 during the year. All operating expenses were paid for in cash. Required: Prepare the cash flows from operating activities section of the statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities: Cash received from customers Os 11,060 Cash paid to suppliers (2,100) Cash paid for operating expenses (2,400) Cash paid for taxes (2,340) Net cash flows from operating activities 4,220 hed text undicates no response was expected in a call or a formula-based calculation is incorrect; no ports deducted Total points awarded