Remaining Time: 1 hour, 55 minutes, 15 seconds. Question Completion Status: QUESTION 14 10 points Save Answer Use the following information to prepare the operating activities section of the statement of cash flows using the indirect method. Sales Cost of goods sold Gross profit from sales Operating expenses: Salaries expense Depreciation expense Rent expense Interest expense Income from operations Loss on sale of land Net income Wonder Company Income Statement For Year Ended December 31, 2019 90,000 52,000 Accounts receivable 38,000 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I US Paragraph Arial Merchandise inventory 12,500 3,500 3,600 Prepaid rent 950 20,550 17,450 1,750 Accounts payale 15,700 Salaries payable Interest payable 14px Balance December 31, 2019 December 31, 2018 A I XO Q E C 13,800 12,000 11,150 10,000 200 275 13,550 3,000 5,200 4,500 150 125 *** Save All Answers Close Window Save and Submit