Revise your worksheet to reflect these updated assumptions and then answer the questions that follow. Net income Depreciation expense $192,000 40,960 Sale of land Book value $238,000 Selling price $207,360 Beginning Ending Accounts receivable $30,720 $46,080 Supplies 10,240 6,400 Prepaid rent 7,680 11,520 Beginning Ending Accounts payable $21,760 $16,640 Salaries payable 23,040 14,080 25,600 33,280 Income tax payable Required: 1. Use your spreadsheet to recalculate the Operating Activities section of the Statement of Cash Flows: (Amount to be deducted should be indicated by a minus sign.) Operating Activities: Net income Depreciation expense Net operating cash flows $