Net sales Expenses: Income Statement For the Year Ended December 31, 2024 Cost of goods sold Operating expenses Depreciation expense Income tax expense Total expenses Net income AVATAR TECHNOLOGIES Selected Balance Sheet Data December 31, 2024, compared to December 31, 2023 Decrease in accounts receivable Increase in inventory Decrease in prepaid rent Increase in salaries payable Decrease in accounts payable Increase in income tax payable $225,000 68,000 16,800 26,000 Cash Flows from Operating Activities. $385,000 Adjustments to reconcile net income to net cash flows from operating activities Net cash flows from operating activities 335,800 $ 49,200 Required: Prepare the operating activities section of the statement of cash flows for Avatar Technologies using the indirect method. (Amounts to be deducted should be Indicated with a minus sign.) $ 6,800 13,800 AVATAR TECHNOLOGIES Statement of Cash Flows For the Year Ended December 31, 2024 9,800 5,800 8,800 23,200

Required: Prepare the operating actities secton of the statement of cash nows for Avarar Technologles using the indirect method (Amounts to be deducted should be Indlceted with a minus sign.)