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Check my work 4 Salud Company reports the following information. Balagtad Annunl Income statement Data Net income $400,000 Depreciation expenne 80,000 Gain on sale of machinery 20,000 Selected Year Ind Balance hast Dat Accounts receivable inerente 340.000 Prepaid expenses, decrease 12,000 Accounts payable increase 6,000 Wages payable decrease 2,000 Bints eBook Hint Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31 (Amounts to be deducted should be Indicated with a minus sign.) Print References s 400,000 Statement of Cash Flow (partial Cash flows from operating activities Net income Adjustments to reconcile net income to operating cash flow Depreciation Gain on sale of machinery Accounts receivable increase Prepaid expense decrease Accounts payable increase Wages payable decrease 80,000 (20,000) (40.000) 12,000 6,000 (2,000) 35,000 436,000 $ Next > Prey 4 of 13 ic Graw HII