Sales Revenue Cost of Goods Sold Gross Profit Depreciation Expense Salaries and Wages Expense Net Income Accounts Receivable Inventory Accounts Payable Salaries and Wages Payable Required: Year 2 Case A $ 10,900 Year 1 Year 2 Case B Year 1 $ 8,500 $ 20,900 $ 17,500 5,910 5,100 11,910 10,510 4,990 3,400 8,990 6,990 1,200 1,200 1,450 1,450 2,400 1,900 4,900 4,900 $ 1,390 $ 300 $ 2,640 $ 640 $ 295 $ 390 $ 740 $ 595 745 490 725 790 790 695 810 900 995 1,190 265 360 Show the operating activities section of the statement of cash flows for year 2 using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign. Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities: Changes in Assets and Liabilities Case A Case B