Prepare a statement of cash flows using the indirect method and interpret information in the statement of cash flows.

Please show how to solve step by step if you can.

*Problem 13-9 Below is an income statement for Tri Town Products for the year ended December 31, 2017, and a schedule listing the company's current assets and current liabilities at the end of 2016 and 2017: Tri Town Products Income Statement For the Year Ended December 31, 2017 Sales Cost of goods sold Gross profit Operating expenses: Selling & general expenses Depreciation expense Operating income Loss on sale of land Income before income tax Income tax expense Net income $130,200 54,684 75,516 $11,900 2,590 14,490 61,026 3,586 57,440 20,104 $37,336 Schedule of Current Assets and Current Liabilities Cash Accounts receivable Inventory Prepaid expenses Accounts payable Accrued liabilities December 31, 2016 December 31, 2017 $12,800 3,470 5,600 2,800 1,630 2,700 $14,900 4,520 6,170 2,210 2,340 2,090 Prepare the operating activities section of the statement of cash flows using the indirect method. (Enter amounts that decrease cash flow either with a negative sign preceding the number, e.g. -15,000 or parenthesis e.g (15,000).) Tri Town Products Partial Statement of Cash flows Indirect method Operating activities