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Income Statement Data Revenues $110,000 Expenses Salaries expense 69,000 Utilities expense 34,800 Depreciation expense 38,680 Other expenses 8,600 Net loss $(32,280) Selected Year-End Balance Sheet

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Income Statement Data Revenues $110,000 Expenses Salaries expense 69,000 Utilities expense 34,800 Depreciation expense 38,680 Other expenses 8,600 Net loss $(32,280) Selected Year-End Balance Sheet Data Accounts receivable decrease $29,90 Purchased a machine for cash 19,000 Salaries payable increase 29.000 Other accrued liabilities decrease 16,000 eBook ference Required: 1. Prepare the operating activities section of the statement of cash flows using the indirect method. (Any losses or amounts to b deducted should be indicated with a minus sign.) Cash flows from operating activities

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