Los Geht's Ltd. Statement of Income Year Ended December 31, 2020 3,115,000 1,441,500 1,673,500 Sales Cost of goods sold Gross profit Operating expenses Depreciation expense Loss on disposal of equipment Income from operations Interest expense Income before tax Income tax expense Net income 646,800 108,900 12,800 768,500 905,000 36,000 869,000 36,000 833,000 Current assets Cash Accounts receivable Inventory Estimated inventory returns Prepaid expenses 2020 213,500 210,800 81,200 14,000 11,200 2019 125,800 75,400 78,300 3,100 19,800 Current liabilities Accounts payable Refund liability Rent payable 2020 91,000 25,200 14,000 2019 185,500 6,400 15,500 Current assets Cash Accounts receivable Inventory Estimated inventory returns Prepaid expenses 2020 213,500 210,800 81,200 14,000 11,200 2019 125,800 75,400 78,300 3,100 19,800 Current liabilities Accounts payable Refund liability Rent payable Salaries payable Income tax payable Deferred revenue 2020 91,000 25,200 14,000 16,200 42,900 23,800 2019 185,500 6,400 15,500 11,200 18,900 8,400 Prepare the operating section of the Cashflow Statement using the indirect method. Enter your result below. Please don't forget to upload your notes (including the full cash flow from operations) to the dropbox immediately after submitting the exam. Formatting requirements: Enter the amount as plain number (no $-signs, no commas or other thousands-separators); negative amounts should be written with "-" in front of the amount (without space), e.g. -5000. Blank 1: Net cash provided from operating activities