MOSS COMPANY Selected Balance Sheet Information December 31, 2019 and 2018 2019 2018 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 2,050 2,200 payable MOSS COMPANY Income Statement For Year Ended December 31, 2019 Sales $515,000 Cost of goods sold 331,600 Gross profit 183,400 Operating expenses Depreciation $ 36,000 expense other expenses 121,500 157,500 Income before 25,900 taxes Income taxes 7,700 expense Net income $ 18,200 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