Required information [The following information applies to the questions displayed below.] A comparative balance sheet and income statement is shown for Cruz, Inc. 2016 CRUZ, INC. Comparative Balance Sheets December 31, 2017 2017 Assets Cash $ 99,000 Accounts receivable, net 42,800 Inventory 89,600 Prepaid expenses 5,600 Total current assets 237,000 Furniture 113,000 Accum. depreciation-Furniture (17,600) Total assets $332,400 Liabilities and Equity Accounts payable $ 15,600 Wages payable 9,400 Income taxes payable 1,500 Total current liabilities 26,500 Notes payable (long-term) 31,100 Total liabilities 57,600 Equity Common stock, $5 par value 238,600 Retained earnings 36,200 Total liabilities and equity $332, 400 $ 25,000 53,100 99,700 4,400 182,200 124,700 (9,400) $297,500 $ 21,900 5,200 2,700 29,800 65,700 95,500 190,000 12,000 $297,500 CRUZ, INC. Income Statement For Year Ended December 31, 2017 Sales $509,400 Cost of goods sold 327,800 Gross profit 181,600 Operating expenses Depreciation expense $39,200 Other expenses 92,900 132, 100 Income before taxes 49,500 Income taxes expense 18,100 Net income $ 31,400 Required: Use the Indirect method to prepare the cash provided or used from operating activities section only of the statement of cash flows for this company. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities Adjustments to reconcile net income to operating cash flow Income statement items not affecting cash Changes in current operating assets and liabilities 0 $ 0