Selected balance sheet information and the income statement for Fountainhead Corporation for the current year are presented below.

Selected balance sheet information and the income statement for Fountainhead Corporation for the current year are presented below Selected Balance Sheet Accounts Prior Year Current Year Accounts Receivable Merchandise Inventory Prepaid Rent Accounts Payable Salaries and Wages Payable $ 21,300 $14,500 31,900 0 21,200 5,700 29,000 1,900 16,400 3,800 Income Statement $435,000 Sales Revenue Expenses Cost of Goods Sold Depreciation Expense Salaries Expense Rent Expense Insurance Expense Interest Expense Utilities Expense 252,000 29,000 43,500 17,400 17,400 15,950 14,500 Net Income $ 45,250 Required: Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. (Enter any deductions and cash outflows as a negative value.) Required Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. (Enter any deductions and cash outflows as a negative value.) FOUNTAINHEAD CORPORATION Cash Flows from Operating Activities Adjustments to reconcile net income to net cash provided by operating activities Changes in current assets and current liabilities