QUESTION'T Use the following information to prepare the operating activities section of the statement of cash flows using the indirect method. Wonder Company Income Statement Balance For Year Ended December 31, 2019 Sales 270,000 December 31, 2019 December 31, 2018 Cost of goods sold 156.000 Gross profit from sales 114,000 Accounts receivable 41.400 36,000 Operating expenses Merchandise inventory 33,450 30,000 Salaries expense 37,500 Depreciation expense 10.500 Rent expense 10.800 Prepaid rent 825 600 Interest expense 2850 61.650 income from operations Loss on sale of land Net income $2,350 3250 Accounts payale 40,650 39.000 47,100 Salaries payable 15,600 13.500 interest payable 450 375 Activate Windows