Part II: An Operating Section on a Statement of Cash Flows Carl's Candy Company has this information for December 31, Year 4: All of the Income Statement Accounts: Sales Revenue $185,000; Cost of Goods Sold Expense $145,000; Depreciation Expense $6,000; Salaries Expense $20,000; Loss on Sale of PPE $2,000; Income Taxes $1,000; Net Income $11,000. Partial Balance Sheet Accounts Receivable Beginning $30,000 Ending $22,000 Inventory Beginning $15,000 Ending $18,000 PPE Beginning $75,000 Ending $100,000 Accounts Payable Beginning $11,000 Ending $13,000 Salaries Payable Beginning $2,000 Ending $1,400 Common Stock Beginning $40,000 Ending $50,000 Cash Beginning $4,000 Ending $5,000 Prepare the operating section of the Statement of Cash Flows. Use the table, below, or make up your own table in Excel. Amounts Operating Activities Net Income Adjustments (list): Net Cash Flows from Operating Activities