Required information [The following information applies to the questions displayed below] Suppose your company sells goods for $320, of which $210 is recelved in cash and $110 is on account. The goods cost your company $129 and were paid for in a previous period. Your company also recorded salaries and wages of $80, of which only $32 has been paid in cash. 2. Calculate the amount that should be reported as net cash flow from operating activities. 3. Calculate the amount that should be reported as net income. 4. Show how the indirect method would convert net income (requirement 3) to net cash flow from operating activities (requirement 2)