Sable Island's balance sheet contained the following comparative data at December 31: 2017 Accounts receivable Prepaid expenses Accounts payable Income tax payable Interest payable Unearned revenue $48,000 14,000 41,000 4,000 1,000 13,750 2016 $56,000 11,500 36,000 9,250 550 10,000 Additional information: Accounts payable relate to operating expenses. Instructions Prepare the operating activities section of the cash flow statement using either (a) the indirect method or (b) the Wirect method, as assigned by your instructor. ING IT FURTHER What are the advantages and disadvantages of the indirect method of determining cash ided (used hv onerating activiti