Sales Cost of goods sold Gross profit Operating expenses Depreciation expense Gain on sale of equipment Profit before income tax Changes in current as ets and current liabilities were as follows: Accounts receivable Inventory Prepaid expenses $27,00014,2501,5009,000decreaseincreaseincreasedecrease Prepare the operating activities section of the cash flow statement using the direct method. (Show amounts that decrease cash flow with either a-signes- 15,000 or in parenthesis eg. (15,000).) Cash Payments To Suppliers For Operating Expenses For Income Taxes Net Cash Provided by Operating Activities Sales Cost of goods sold Gross profit Operating expenses Depreciation expense Gain on sale of equipment Profit before income tax Changes in current as ets and current liabilities were as follows: Accounts receivable Inventory Prepaid expenses $27,00014,2501,5009,000decreaseincreaseincreasedecrease Prepare the operating activities section of the cash flow statement using the direct method. (Show amounts that decrease cash flow with either a-signes- 15,000 or in parenthesis eg. (15,000).) Cash Payments To Suppliers For Operating Expenses For Income Taxes Net Cash Provided by Operating Activities