Hampton Company reports the following information for its recent calendar year. Income Statement Data Sales $73,000 Expenses : Cost of goods sold 36,000 Salaries expense 12,000 Depreciation expense 4,000 Net income $ 21,000 Selected Year-End Balance Sheet Data Accounts receivable increase $7,000 Inventory decrease 5,000 Salaries payable increase 700 Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Revenues $ 90,000 Expenses: Salaries expense 69,000 Utilities expense 35,000 Depreciation expense 32,800 Other expenses 7,200 Net loss $(54,000) Selected Year-End Balance Sheet Data Accounts receivable decrease $26,000 Purchased a machine for cash 22,000 Salaries payable increase 26,000 Other accrued liabilities decrease 16,000 Prepare the operating activities section of the statement of cash flows using the indirect method. (Any loss or amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities The following income statement and additional year-end information is provided. $2,048,000 1,003,520 1,044,480 SONAD COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Gross profit Operating expenses Salaries expense $280,576 Depreciation expense 49,152 Rent expense 55, 296 Amortization expenses-Patents 6,144 Utilities expense 22,528 Gain on sale of equipment Net income 413,696 630,784 8,192 638,976 $ Accounts receivable Inventory $44, 450 increase 35,050 increase Accounts payable Salaries payable $14,450 decrease 4,900 decrease Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Adinictmonte to rarancila net income to not cach nrovided by onerating activities Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities