Selected information from Carla Vista Ltd's statement of financial position and statement of income is as follows. Additional information: 1 Prepaid expenses and property taxpayable relate to other operating expenses: 2. Account spavable relate to ourchases of inventory 3. Operating expenses inchuded depreciatipn expense of $11,700 and a loss of $5,100 on thedipposil of equipment Prepare the operating activities section of the statement of cash flows using the direct method