Moffett Company reports the following income statement for the year ended October 31, 2017 Sales Cost of goods sold Gross profit Depreciation expense Wages expense Interest expense Net income $2,403,600 1,104,000 1,299,600 54,000 268,800 25,200 $ 951,600 The company also reports the following information from the balance sheet October 31, 2017 October 31, 2016 Cash Accounts receivable Inventory Accounts payable Interest payable Wages payable Notes payable 68,400 85,200 195,600 61,200 8,400 12,000 240,000 51,600 116,400 182,400 52,800 6,000 15,600 288,000 Required. a. Prepare, in good form, the operating section of the statement of cash flow, using the direct method for Moffett Company for October 31, 2017 Prepare, in good form, the operating section of the statement of cash flow, using the indirect method for Moffett Company for October 31, 2017 b