Portions of the financial statements for PTD Products are grounded below PTO PRODUCTS COMPANY Ratement for the Year Ended December 31, 2534 Sales $200,000 Cost of goods sold 68,000 11 Gross margin 132.000 12 Salaries expense $34,000 13 Depreciation expense 26.000 14 Amortization expense 4,000 15 Interest expense 6.000 Loss on sale of land 1,000 71,000 17 18 Income before taxes 58,000 come tax expense Net Income 12,000 $47.000 35 38 40 43 PTO PRODUCTS COMPANY Selected Account Comparative lance Sheets December 31, 2008 and 2019 2004 Cash $29,000 $28.000 Accounts receivable 346,000 40,000 72.000 80,000 Accounts payable 34.000 32,000 Salaries payable 14,000 16,000 Interest payable 5,000 4,000 income tax payeble 8.000 4,000 Required: Prepare the cash flows from operating activities section of the statement of cash flows for PTO Products Company using the direct mea FTD PRODUCTS COMPANY Cash Flows from Operating Artes