Salt Lake Company's 2017 income statement and selected balance sheet data (for current assets and cur- rent liabilities) at December 31, 2016 and 2017, follow. sh SALT LAKE COMPANY Income Statement For Year Ended December 31, 2017 SALT LAKE COMPANY Selected Balance Sheet Accounts $156,000 Sales revenue Expenses 72,000 32,000 20,000 5,000 2,600 2,400 2,000 $20,000 2017 2016 At December 31 Depreciation expense . 860 980 Rent expense Insurance expense... Interest expense.... Salaries payable 900 600 2000 140 180 100 200 Net income.. Prepaid rent. Chapter 12 Reporting Cash Flows 579 Required Prepare the cash flows from operating activities section only of the company's 2017 statement of cash flows using the indirect method. Check Cash trom operating activities, $51,960