prepare the cash flows from operating activities for 2021

Chew Corporation prepares its statement of cash flows using the Indirect method of reporting operating activities. Net Income for the 2021 fiscal year was $1,255,000, Depreciation expense of $145,000 was included with operating expenses in the income statement. The following information describes the changes in current assets and liabilities other than cash Increase in accounts receivable Decrease in inventory Decrease in prepaid expenses Decrease in salaries payable Increase in income taxes payable $ 157,000 113, eee 67,000 35,000 49,000 Required: Prepare the cash flows from operating activities for 2021 (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities: Adjustments for noncash effects Changes in operating assets and liabilities Required: Prepare the cash flows from operating activities for 2021. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities Adjustments for noncash effects: Changes in operating assets and liabilities: $ 0 Net cash flows from operating activities