Sales Income statesent For Year Ended December 31, 2021 Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense Net Inco 5 544,000 355,600 188,400 HOSS COMPANY Selected Balance Sheet Information At December 33 2021 2020 Current ass Cash $ 90,650 $32, Accounts receivable 31,000 44,000 Inventory 66,000 55.300 Current Liabili Accounts payable 42,408 51,7 Income taxes payable 2,650 3,400 128,000 48,000 12,40 7,400 $5,000 Use the information above to calculate cash flows from operating activities using the indirect method (Amounts to be deducted should be Indicated by a minus sign.) Use the information above to calculate cash flows from operating activities using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by operating activities 5.000 Income statement items not affecting cash Depreciation Changes in current operating assets and liabilities S 48.000 48.000 S 53.000