S. DEAN INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31ST, 2021 $8,522,000.00 SALES COST OF GOODS SOLD BEG INV PURCHASES GOODS AVAILABLE FOR SALE ENDING INV COST OF GOODS SOLD GROSS MARGIN $1,500,000.00 $5,600,000.00 $7,100,000.00 $2,000,000.00 $5,100,000.00 $5,100,000.00 $3,422,000.00 OPERATING EXPENSES DEPRECIATION EXPENSE SELLING EXPENSES ADMIN EXPENSES NET INCOME $423,666.00 $150,000.00 $250,000.00 $823,666.00 $2,598,334.00 OTHER INFORMATION AR DECREASED PP EXPENSE DECREASED AP DECREASED WAGES PAYABLE INCREASED OFFICE SUPPLIES DECREASED INCOME TAXES PAYABLE DECREASED $150,000.00 $50,000.00 $32,566.00 $32,556.00 $15,222.00 $14,256.00 PREPARE THE OPERATIONS ACTIVITY SECTION OF THE STATEMENT OF CASH FLOWS FOR YEAR ENDED 12/31/21 FOR DEAN COMPANY USING THE INDIRECT METHOD