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Note: Please put your answers only in the section below the Bold Red sentence at the end of the Required section below. Baxa Company prepared

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Note: Please put your answers only in the section below the Bold Red sentence at the end of the Required section below. Baxa Company prepared its income statement for Year 2022: Sales Revenue 840,000 Salary Expense -620,000 Insurance Expense -21,000 Depreciation Expense -81,000 Gain on Sale of Equipment 12.000 Net Income 130,000 Other information: Accounts receivable went down during the year by $4,000. Salary payable went down during the year by $2,000. Prepaid Insurance went down during the year by $7,000. Required: Prepare the cash flows from operating activities for the statement of cash flows using the indirect method. Your answers to this open-ended assignment should be placed in the space below this line. Baxa Company Operating Activities Section of Statement of Cash Flows Year Ended Dec. 31, 2021 Net Income 130,000

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