Portions of the financial statements for a company are provided below. Income Statement For the year ended December 31, Year 2 Net sales $1,8ee, eee Expenses : Cost of goods sold $1,65e, Bee Operating expenses 560, eee Depreciation expense 5e,eee Income tax expense 40, cee Total expenses 1700, eee Net income $ 189, eee Selected Balance Sheet Data December 31 Increase (E) Cash Accounts receivable Inventory Prepaid rent Accounts payable Income tax payable Year 2 $102,000 45,000 75,000 3,000 45,000 5,000 Year 1 $85,000 49,000 55, 5,000 37,000 10,000 Decrease (0) $17,000 ,000 20, ea I) 2,000 (D) 3,000 (1) 3,000 (0) Denuired Required: Prepare the operating activities section of the statement of cash flows for the company using the indirect method (List cash outflows and any decrease in cash os negative amounts.) Statement of Cash Flows (partial For the Year Ended December 31 Year 2 Cash flows from operating activities: Adjustments to reconcile net income to net cash flows from operating activities Net cash flows from operating sites