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Salud Company reports the following information Selected Annual Income statement Data Net Income $485.000 Depreciation expense 92,000 Gain on sale of machinery 20.000 Selected Vear-End

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Salud Company reports the following information Selected Annual Income statement Data Net Income $485.000 Depreciation expense 92,000 Gain on sale of machinery 20.000 Selected Vear-End Balance Sheet Data Accounts receivable increase 553,200 Prepaid expenses decrease 13,280 Accounts payable increase 9,600 Wages payable decrease 2.800 Use the Indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31 (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities 0 $ 0

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