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Instructions The net income reported on the income statement for the current year was $410,400. Depreciation recorded on store equipment for the year amounted to $17.470 Balances of the current asset and current liability accounts at the beginning and end of the year are as follows End of Year Beginning of Year Cash Accounts receivable (net) Merchandise inventory Prepaid expenses Accounts payable (merchandise creditors) Wages payable $39,800 31,820 39,230 4,830 39,770 20,280 $37,960 27,630 43,060 3,430 35,040 24,950 Required: A Prepare the Cash Flows from Operating Activities section of the statement of cash fows using the indirect method Refer to the Amount Descrptions list provided for the exact wording of the answer chaices for text entres Use the minus sign to indicate cash outfiows, cash payments, decreases in cash and for any adjustments, if required B Brefly explain why net cash flow from operating activities is different than net income