Portions of the financial statements for Clear Transmissions Company are provided below. CLEAR TRANSMISSIONS COMPANY Income Statement For the Year Ended December 31, 2018 ($ in 000s) Sales $1,440 Cost of goods sold 576 Gross margin 864 Salaries expense $244 Depreciation expense 190 Patent amortization expense Interest expense Loss on sale of cash equivalents 8 Income before taxes 360 Income tax expense 180 Net Income $ 180 14 48 $ CLEAR TRANSMISSIONS COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s) Year 2018 2017 Change Cash $ 108 $ 104 Accounts receivable 224 (14) Inventory 442 (12) Accounts payable Salaries payable Interest payable Income taxes payable 4 Oo CONO in me PANO Required: Prepare the cash flows from operating activities section of the statement of cash flows for Clear Transmissions Company using the direct method. (Enter your answers in thousands (i.e., 5,000 should be entered as 5). Amounts to be deducted should be indicated