Omega Company's accountants have just completed the income statement and balance sheet for the year and have pr INCOME STATEMENT $ 20,690 Sales revenue Expenses Cost of goods sold Depreciation expense Salaries expense Rent expense Insurance expense Utilities expense Interest expense on bonds Loss on sale of investments Net loss $ 9,210 3,030 4,260 2,940 1,090 850 960 710 23,050 $ (2,360 SELECTED BALANCE SHEET ACCOUNTS Current Prior Year Year Merchandise inventory Accounts receivable Accounts pavable Salaries payable Rent payable Prepaid rent Prepaid insurance $ 95 449 251 40 $ 69 545 216 14 8 29 8 Other Data The company issued $24,000, 8 percent bonds payable at par during the year Required: 1. Prepare the cash flows from operating activities section of the statement of cash flows using the direct method. (List