Selected information from Cullumber Ltd's statement of financial position and statement of income is as follows: Cullumber Ltd. Statement of Financial Position (partial) December 31 2024 2023 Current assets Accounts receivable $8,000 $12,400 Inventory 5,400 4,500 Prepaid expenses 4,000 2,200 Current liabilities Accounts payable $3,950 $2,600 Income tax payable 2,000 900 Property tax payable 3,000 1,100 Bank loan payable-current portion 5,700 8,800 Cullumber Ltd. Statement of Income Year Ended December 31, 2024 Sales $210,000 Cost of goods sold 113,000 Gross profit 97,000 Operating expenses 58,000 Income from operations 39,000 Interest expense 1,200 Income before income tax 37,800 Income tax expense 3,000 Net income $34,800 Additional information: 1. The bank loan was received in the past to finance the purchase of equipment. 2. Operating expenses included depreciation expense of $11,000 and a loss of $5,000 on the disposal of equipment. (a) Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a -sign e.g.-15,000 or in parenthesis e.g. (15,000).) CULLUMBER LTD. Statement of Cash Flows (Partial) Cash at Beginning of Period Cash at End of Perlod Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash Used by Financing Activities Net Cash Used by Investing Activities Net Cash Used by Operating Activities Net Decrease In Cash Net Increase In Cash > $ 10 $