II- STATEMENT OF CASH FLOWS-INDIRECT METHOD (8 Points) The net income reported on the income statement for the current year was $175,300. Depreciation for the year on the equipment and a building accounted for $56,700. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End of Year Beginning of Year Cash $42,500 $43,500 Accounts Receivable 65,400 69,200 Inventories 135,900 125,100 Prepaid expenses 5,800 6,400 Accounts payable (mdse. creditors) 61,400 64,200 Salaries payable 9,300 9,000 Prepare the cash flows from operating activities section of the statement of cash flows, using the indirect method