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Hampton Company reports the following information for its recent calendar year. Income Statement Data Sales $77,000 Expenses Cost of goods sold 37,000 Salaries expense 13,000

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Hampton Company reports the following information for its recent calendar year. Income Statement Data Sales $77,000 Expenses Cost of goods sold 37,000 Salaries expense 13,000 Depreciation expense 5,000 Net income $22,000 Selected Year-End Balance Sheet Data Accounts receivable increase $8,000 Inventory decrease 5,000 Salaries payable increase 900 Required: Prepare the operating activities section of the statement of cash flows for Hampton Company using the Indirect method. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities

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