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III Lalaland Company has the following financial information Balance Sheets Dec. 31. Dec. 31. 2020 2021 152,400 119 500 Cash Accounts receivable Inventory 33.200 35.000

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III Lalaland Company has the following financial information Balance Sheets Dec. 31. Dec. 31. 2020 2021 152,400 119 500 Cash Accounts receivable Inventory 33.200 35.000 200.000 175.500 Prepaid Expenses 22.000 20.000 300,000 420,000 Long term Investments Plant Property and Equipment (net) Accounts payable 250.000 205,000 98.600 105.000 62.000 45.000 Short term notes payable Taxes payable 35,600 13.500 Long term liabilities 134,000 140.000 Stockholders Equity 628,000 671.500 Income statement Sales revenue Cost of goods sold Gross profit $ 570.000 300,000 $ 270.000 13.000 186,500 Depreciation Expense Other operating costs Loss on sale of plant assets Net Income for the year 2.000 $58,500 Required: Calculate the cash flow from operating activities for the year ended December 31, 2021, using the Indirect method (Note: write your answer as a number sely with No doilar signs or commes) Answer: Finish attempt O Chap 2021 nem

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