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Salud Company reports the following Information. Selected Assus Income Statement Data Net income Depreciation expense Cain on sale of machinery Salecse Year-End Balance Sheet

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Salud Company reports the following Information. Selected Assus Income Statement Data Net income Depreciation expense Cain on sale of machinery Salecse Year-End Balance Sheet Cate $490,000 Accounts receivable increase 83,000 Prepaid expenses decrease 28,100 Accounts payable increase Mages payable decrease $51,200 17,700 9,000 2,200 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.) Cash flows from operating activities Net Income Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities 490,000 (26,000) 464,000

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