New Vision Company completed its income statement and balance sheet and provided the following information: Service Revenue Expenses: $ 66,000 Salaries and Wages 42,000 Depreciation 7,300 Utilities 6,000 Office 1,700 57,000 Net Income $ 9,000 Decrease in Accounts Receivable $ 12,000 Paid cash for equipment 5,000 Increase in Salaries and Wages Payable 9,000 Decrease in Accounts Payable 4,250 Required: 1. Present the operating activities section of the statement of cash flows for New Vision Company using the Indirect method. (Amounts to be deducted should be indicated with a minus sign.) NEW VISION COMPANY Cash Flows from Operating Activities-Indirect Method Adjustments to Reconcile Net Income to Cash Provided by Operating Activities Changes in Current Assets and Current Liabilities 1. Present the operating activities section of the statement of cash fl- (Amounts to be deducted should be indicated with a minus sign NEW VISION COMPANY Cash Flows from Operating Activities-Indirect Method Adjustments to Reconcile Net Income to Cash Provided by Operating Activities Changes in Current Assets and Current Liabilities $ 0