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Selected Balance Sheet, Information December 31, 2017 and 2816 2017 2016 Current assets Cash Accounts receivable 28,5 39,e00 Inventory $88,150 $30, 30e 63,5e8 54,8ee 37,400

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Selected Balance Sheet, Information December 31, 2017 and 2816 2017 2016 Current assets Cash Accounts receivable 28,5 39,e00 Inventory $88,150 $30, 30e 63,5e8 54,8ee 37,400 29,200 Current liabilities Accounts payable Income taxes payable 2,4 2,900 MOSS COMPANY Income Statement For Year Ended December 31, 2817 Sales Cost of goods sold Gross profit Operating expenses $550,e00 345,68 284,480 Depreciation expense 43,08e Other expenses 168, see 35,900 12,980 $23,008 125,500 Income before taxes Income taxes expense Net income Use the information above to calculate this company's cash flows from operating activities using the indirect method. (Amounts to be deducted should be indicated by a minus sign.)

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