Required information (The following information applies to the questions displayed below.) Portions of the financial statements for Parnell Company are provided below. BO PARNELL COMPANY Income Statement For the Year Ended December 31, 2021 ( in theus ands) Revenues and gains Sales $850 Gain on sale of building 10 Expenses and loss. Lost of goods sold $ 325 Salaries 125 Insurance 45 Depreciation 228 Interest expense 55 Loss on sale of equipment 12 Income before tax Income tax expense Net income 59e 178 95 55 be PARNELL COMPANY Selected Accounts from Comparative Balance Sheets December 31, 2021 and 2020 (3 in thousands Year 2822 2020 Cash $ 144 $ 95 Accounts receivable 334 211 inventory 316 435 Prepaid insurance -1 98 Accounts payable 2228 112 Salaries-payable 112 88 Deferred tax liability 7e 52 Bord discount 185 22e Change 5 5 49 123 (119 ) (37) 2e8 24 13 (25) Required: 2. Prepare the cash flows from operating activities section of the statement of cash flows for Parnell Company using the indirect method. (Enter your answers in thousands (I.e., 10,000 should be entered as 10). Amounts to be deducted should be Indicated with a minus sign.) Cash Flows fruto Operaung Activities Adjustments for noncash erects Loss on sale of building Changes in operating assets and liabilities: Nal cash flows from operating activities