Green Brands, Inc. (GBI) presents its statement of cash flows using the indirect method. The following accounts and corresponding balances were drawn from GBI's Year 2 and Year 1 year-end balance sheets: Account Title Accounts receivable Merchandise inventory Prepaid insurance Accounts payable Salaries payable Unearned service revenue Year 2 $ 20,900 56,800 15,800 24,600 4,900 700 Year 1 $ 28,700 50,000 25,000 19,600 3,850 2,900 The Year 2 income statement is shown next: Income Statement Sales Cost of goods sold Gross margin Service revenue Insurance expense Salaries expense Depreciation expense Operating income Gain on sale of equipment Net income $ 615,000 (372,000) 243,000 4,600 (38,000) (143,000) (4,900) 61,700 4,200 $ 65,900 quired Prepare the operating activities section of the statement of cash flows using the direct method for Year 2. (Amounts to be deduc ould be indicated with a minus sign.) GREEN BRANDS, INC. Statement of Cash Flows (Operating Activities) For the Year Ended December 31, Year 2 Cash flows from operating activities: Cash collections from customers for sales Cash collections from customers for services Cash payments for: 0 $ Net cash flow from operating activities - Prepare the operating activities section of the statement of cash flows using the indirect method for Year 2. (Amounts to be Beducted should be indicated with a minus sign.) GREEN BRANDS, INC. Statement of Cash Flows (Operating Activities) For the Year Ended December 31, Year 2 Cash flows from operating activities: Add: Deduct: Add: noncash expenses $ Net cash flow from operating activities