Presented below is the income statement of Mets, Inc.: Sales revenue $380.000 Cost of goods sold 225.000 Gross profit $155.000 Operating expenses 95,000 Income before income taxes 60,000 Income taxes 24,000 Net income $ 36,000 In addition, the following information related to net changes in working capital is presented: Cash increased $12,000 Accounts receivable increased 25,000 Inventories decreased $19,400 Salaries payable (operating expenses) decreased 8.000 Accounts payable increased 14,000 Income taxes payable decreased 3,000 The company also indicates that depreciation expense for the year was $16,700. Instructions Prepare a schedule computing the net cash flow from operating activities that would be shown on a statement of cash flows using the indirect method Presented below is the income statement of Mets, Inc.: Sales revenue $380,000 Cost of goods sold 225.000 Gross profit $155,000 Operating expenses 95.000 Income before income taxes 60,000 Income taxes 24.000 Net income $ 36,000 atit In addition, the following information related to net changes in working capital is presented: Cash increased $12,000 Accounts receivable increased 25,000 Inventories decreased $19,400 Salaries payable (operating expenses) decreased 8.000 Accounts payable increased 14,000 Income taxes payable decreased 3,000 The company also indicates that depreciation expense for the year was $16,700. Instructions Prepare a schedule computing the net cash flow from operating activities that would be shown on a statement of cash flows using the indirect method