Operating Cash Flows Instruction Amount Descriptions Operating Cash Flows - Indirect Method Instructions The income statement for Plura Merchandising Corporation is as follows: Plura Merchandising Corporation Income Statement For the Year Ended December 31, 20X1 Sales Cost of goods sold $1,525,000 Beginning inventory $360,000 Purchases 735,000 Ending inventory (290,000) (805,000) Depreciation expense (57,900) Amortization of patent (16,000)