Given the following income statement and balance sheet data, select which items would be included in presenting the cash flow from operating activities section of the statement of cash flows using the indirect method: Income Statement ($ millions) 2019 Sales $40,000 Less: Cost of goods sold 21,600 Gross profits 18,400 Less: Cash operating expenses 12,400 Less: Depreciation expense Less: Amortization expense 120 Operating profits (EBIT) 4,780 Less: Interest expense 300 Equity in earnings (loss) of affiliate 40 Gain (loss) on sale of fixed assets 80 Earnings before tax expense 4,600 Income tax expense 900 Net income $3,700 1.100 Balance Sheet (5 millions) Cash & equivalents Net receivables Inventories Prepaid expenses Total current assets Net property, plant, and equipment Investments in affiliates Goodwill Other long-term assets Total assets 2019 2018 Change $600 $500 $100 3,500 3,040 5460 6,700 6,930 ($230) 750 880 ($130) 11,550 11,350 12,220 11,650 $570 180 160 $20 840 550 $290 210 290 (580) $25,000 $24,000 2019 2018 Change Accounts payable $1,730 $2.050 ($320) Other accrued expenses 2,480 2,050 $430 Short-term debt 270 540 ($270) Other current liabilities 520 480 $40 Total current liabilities 5,000 5,120 Long-term debt 4,680 4,450 $230 Deferred taxes 910 870 5.40 Other long-term liabilities 1.950 2,700 ($750) Total stockholders' equity 12,460 10,860 $1,600 Total liabilities and equity $25,000 $24,000 Add-back depreciation expense of $1,100 subtract depreciation expense of $1,100 add-back amortization of intangible assets of $120