MOSS COMPANY Selected Balance Sheet Information December 31, 2019 and 2018 2019 2018 Current assets Cash $85,150 $27,300 Accounts receivable 25,500 33,000 Inventory 60,500 54,200 Current liabilities Accounts payable 31,400 26,200 Income taxes payable 2,100 2,300 MOSS COMPANY Income Statement Yor Year Ended December 31, 2019 Sales $520,000 Cost of goods sold 333,600 Gross profit 186,400 Operating expenses Depreciation expense $ 37,000 Other expenses 122,500 159,500 Income before taxes 26,900 Income taxes expense 8,600 Net Income $ 18,300 Use the information above to calculate cash flows from operating activities using the indirect method (Amounts to be deducthd should be indicated by a minus sign.) Cash flows from operating activities: Adjustments to reconcile net income to operating cash flow MOSS COMPANY Income Statement For Year Ended December 31, 2019 Sales $520,000 Cost of goods sold 333,600 Gross profit 186,400 Operating expenses Depreciation expense $ 37,000 other expenses 122,500 159,500 Income before taxes 26,900 Income taxes expense 8,600 Net income $ 18,300 Use the information above to calculate cash flows from operating activities using the Indirect method (Amounts to be deducted should be indicated by a minus sign.) Cash flows from operating activities: Adjustments to reconcile net income to operating cash flow 0 0 $