MOSS COMPANY Income Statement For Year Ended December 31, 2021 Sales $ 515,000 Cost of goods sold 331,600 Gross profit 183,400 Operating expenses (excluding depreciation) 121,500 Depreciation expense 36,000 Income before taxes 25,900 Income taxes expense 7,700 Net income $ 18,200 MOSS COMPANY Selected Balance Sheet Information At December 31 2021 2020 Current assets Cash $ 84,650 $ 26,800 Accounts receivable 25,000 32,000 Inventory 60,000 54,100 Current liabilities Accounts payable 30,400 25,700 Income taxes payable 2,050 2,200 Use the information above to calculate cash flows from operating activities using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign