needs to be formulas not straight answers

INNOVATION ELECTRONICS, INC. Income Statement \begin{tabular}{|l|r|r|} \hline \multicolumn{2}{|c|}{ For the Year Ended December 31, 20X2 } \\ \hline Net sales & & $2,430,000 \\ \hline Gain on sale of land & & 6,500 \\ \hline & & \\ \hline Total revenues & & 2,436,500 \\ \hline & & \\ \hline Expenses: & & \\ \hline Cost of goods sold & 1,565,000 & \\ \hline Operating expenses & 598,000 & \\ \hline Depreciation expense & 16,000 & \\ \hline Interest expense & 17,000 & \\ \hline Income tax expense & 63,000 & \\ \hline & & \\ \hline Total expenses & & 2,259,000 \\ \hline & & \\ \hline Net income & & $177,500 \\ \hline \end{tabular} INNOVATION ELECTRONICS, INC. Statement of Cash Flows For the Year Ended December 31, 20X2 \begin{tabular}{|l|l|l|} \hline Cash Flows from Operating Activities: & & \\ \hline Net income & & \\ \hline Adjustments to reconcile net income to net cash & & \\ \hline provided by operating activities: & & \\ \hline Depreciation expense & & \\ \hline Gain (on sale of land) & & \\ \hline Changes in current assets and current liabilities: & & \\ \hline Accounts receivable & & \\ \hline Inventory & & \\ \hline Prepaid insurance & & \\ \hline Accounts payable & & \\ \hline Interest payable & & \\ \hline Income tax payable & & \\ \hline Net cash provided by (used in) operating activities & & \\ \hline & & \\ \hline Cash Flows from Investing Activities: & & \\ \hline Purchase investments & & \\ \hline Sale of land & & \\ \hline Net cash provided by (used in) investing activities & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline Cash Flows from Financing Activities: & & \\ \hline Issue common stock & & \\ \hline Issue long term note & & \\ \hline Net cash provided by (used in) financing activities & \\ \hline Net increase (decrease) in cash & & \\ \hline Cash at beginning of the period & & \\ \hline Cash at end of the period & & \\ \hline \end{tabular} Complete the statement of cash flows (indirect method) shown below by using formulas that reference data from the income statement and balance sheet (found by clicking the tabs at the bottom of this worksheet. Note: Blank cells may be included in calculations