Prepaid insurance Prepaid rent 358 468 408270 Problem 12-1A Indirect: Computing cash flows from operations LO P2 35 points Prepare the cash flows from operating activitles section only of the company's 2017 statement of cash flows using the indftrect method (Amounts to be deducted should be with a minus sign.) Cash F 31, 2017 1o1 di Type here to search Use the following information for the Problems below December 31, 2016 and 2017, follow. 35 points $124,200 Expenses Cost of goods sold Depreciation expense Salaries expense Rent expense Insurance expense Interest expense utilities expense 51,000 16,500 27,000 9,988 4,500 Net income Selected Balance S At December 31 2,880 1,990 5,380 6,480 1,e60 790 400 250 350 468 400 270 Inventory Utilities payable Prepaid insurance Prepaid rent O Type here to search