Problem 11-3B Calculate operating activities,Indirect method (L011-3) Portions of the financial statements for Software Associates are provided below. SOFTWARE ASSOCIATES Income Statement For the year ended December 31, 2021 Net sales $684,000 Expenses: Cost of goods sold $364, eee Operating expenses 114, eee Depreciation expense 31,400 Income tax expense 41, Bee Total expenses 550,400 Net income $ 53,6ee SOFTWARE ASSOCIATES Selected Balance Sheet Data December 31, 2021, compared to December 31, 2020 Decrease in accounts receivable $ 8,400 Decrease in inventory 11,400 Increase in prepaid rent 1,400 Decrease in salaries payable 2,400 Increase in accounts payable 5,400 Increase in income tax payable 6,400 Required: Prepare the operating activities section of the statement of cash flows for Software Associates using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) In SOFTWARE ASSOCIATES Statement of Cash Flows (partial) For the Year Ended December 31, 2021 Cash Flows from Operating Activities: Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities S 0