Required information [The following information applies to the questions displayed below.] Green Brands, Inc. (GBI) presents its statement of cash flows using the indirect method. The following accounts and corresponding balances were drawn from GBI's Year 2 and Year 1 year-end balance sheets: Account Title Accounts receivable Merchandise inventory Prepaid insurance Accounts payable Salaries payable Unearned service revenue Year 2 $ 23,000 56,100 18,900 24,000 4,600 700 Year 1 $ 29,500 51,100 25,900 17,700 3,950 2,950 The Year 2 income statement is shown next: Income Statement Sales Cost of goods sold Gross margin Service revenue Insurance expense Salaries expense Depreciation expense Operating income Gain on sale of equipment Net income $ 608,000 (378,000) 230,000 5,000 (38,000) (144,000) (5,700) 47,300 3,000 $ 50,300 b. Prepare the operating activities section of the statement of cash flows using the indirect method for Year 2. (Amounts to be deducted should be indicated