ICCHITTE CorporaLUI TITavarat AL UIC CIRTUI ZUZU UIC TUTTOWIE TITUITACIOTI Reming Corporation Selected Account Balances December 31, 2020 and 2019 12/31/20 12/31/19 Cash $ 135,000 $ 155,000 Accounts receivable 520,000 470,000 Inventory 1,400,000 $1,520,000 Prepaid insurance 24,000 37,000 Supplies 48,000 24,000 AFS investments 145,000 100,000 Accounts payable 135,000 70,000 Accrued payables 90,000 120,000 Interest payable 36,000 28,000 Salaries and wages payable 275,000 300,000 Income tax payable 135,000 95,000 Reming Corporation Income Statement For the Year Ended December 31, 2020 Sales $2,500,000 COGS (1.100,000) $ 1,400,000 Gross Profit Selling and admin expense Depreciation expense Salaries and wages expense Total Operating Expense (256,000) (175,000) (378,000) n. (809,000) Operating Income $ 591,000 Gain on sale of investments 19,000 (54,000) Interest expense Income before taxes (35,000) $ 556,000 ap 37,0 Gain on sale of investments Interest expense Income before taxes 19.000 (54.000) Income tax expense (35,000) $ 556,000 (139,000) $ 417.000 Net income Prepare the operating section of the statement of cash flows using the indirect method. Use for negative numbers If a line item is not applicable please put N.A. in the relevant cell. Please do not leave any cells blank. Operating Cash Flows Adjustments Depreciation Expense Gain on Investments Accounts Receivable Accounts Recervable Inventory Prepaid Insurance Supplies AFS Investments Accounts Payable for Accrued Payable Interest Salaries and Wages Income Taxes