Required: Restate the statement of cash flow in correct form using proper titles and subtotals. Use the indirect method to present cash flows from operating activities, and assume that cash at the beginning of the period was $28,000

Income Statement For Year Ended December 31, 2020 Sales revenue. $320,000 Cost of goods sold 120,000 Depreciation expense. 40,000 Amortization of patent. 9,000 Salaries and wages 11,000 Remaining expenses (all cash) 38,000 Net income... $102,000 Required Restate the statement of cash flow in correct form using proper titles and subtotals. Use the indirect method to present cash flows from operating activities, and assume that cash at the beginning of the period was $28,000