Jerez Company reported net income of $190,000 for 2012. Jerez also reported depreciation expense of $35,000 and a loss of $5,000 on the sale of equipment. The comparative balance sheet shows a decrease in accounts receivable of $15,000 for the year, a $17,000 increase in accounts payable, and a $4,000 decrease in prepaid expenses. Complete the operating activities section of the statement of cash flows for 2012. Use the indirect method. (If the amount reduces cash flow put either a negative sign preceding the number, e.g. -45 or parenthesis, e.g. (45).) JEREZ COMPANY Partial Statement of Cash Flows For the Year Ended December 31, 2012 Cash flows from operating activities Net income $ Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense $ Loss on sale of equipment Decrease in accounts receivable Decrease in prepaid expenses Increase in accounts payable Net cash provided by operating activities $