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From the following information for Ali Company financial data: 2020 2019 Cash 23500 37500 Cash received from sale of equipment 20000 30000 Inventories 76631 88225

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From the following information for Ali Company financial data: 2020 2019 Cash 23500 37500 Cash received from sale of equipment 20000 30000 Inventories 76631 88225 Prepaid expenses 13520 15880 Cash paid for dividends 20000 45000 Accounts payable 80805 71542 Salaries Payable 20160 19481 sales 500000 700000 Depreciation expense 28656 30000 Net Income 168406 130000 Required: prepare the Cash Flows from Operating Activities section of the Statement of Cash Flows for 2020

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