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Saved Help Save & Exit Submit Salud Company reports the following information. Use the indirect method to prepare only the operating activities section of its

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Saved Help Save & Exit Submit Salud Company reports the following information. Use the indirect method to prepare only 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.) Selected Annual Income Statement Data Selected Year-End Balance Sheet Data Net income $495, 000 Accounts receivable increase $53, 200 Depreciation expense 89, 500 Prepaid expenses decrease 16 , 800 Gain on sale of machinery 28, 100 Accounts payable increase 9 , 600 Wages payable decrease 2 , 900 Cash flows from operating activities Adjustments to reconcile net income to operating cash flow Income statement items not affecting cash Changes in current operating assets and liabilities 0 $

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