Selected balance sheet information and the income statement for Pioneer Industries for the current year are presented below. Selected Balance Sheet Accounts Accounts Receivable Prior Year Current Year $27,600 $19,000 Inventories 38,000 41,800 Prepaid Rent 2,800 0 Accounts Payable 21,800 Salaries and Wages Payable 5,600 28,400 8,400 Income Statement Sales Revenue $570,000 Expenses: Cost of Goods Sold 324,000 Depreciation Expense Salaries Expense Rent Expense Insurance Expense Interest Expense Utilities Expense Net Income 38,000 57,000 22,800 22,800 20,900 19,000 $ 65,500 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.) Pioneer Industries Cash Flows from Operating Activities Adjustments to reconcile net income to net cash provided by operating activities: Changes in current assets and current liabilities: