Selected information from Cullumber Ltd's statement of financial position and income statement is as follow CULLUMBER LTD. Statement of Financial Position (partial) December 31 2018 2017 Current assets Accounts receivable $7,800 $12,600 Inventory 5.400 4,500 Prepaid expenses 4,600 2.200 Current liabilities Accounts payable 3.500 2,800 Income tax payable 1.900 550 Accrued liabilities 2.700 1,400 Bank loan payable--current portion 5,500 9,600 CULLUMBER LTD. Income Statement Year Ended December 31, 2018 Net Sales $190.000 Cost of goods sold 117.000 Grass profit 73.000 Operating expenses 54,000 Income from operations 19,000 Interst expense 1,700 Income before income tax 17.300 Income tax expense 3.900 Net Income 15.3.400 Additional information 1 Prepaid expenses and accrued liabilities relate to operating expenses. 2 Accounts payable relate to purchases of merchandise 3 Operating expenses included depreciation expense of $12,000 and a loss of $5,600 on the disposal of equipment Prepare the operating activities section of the statement of cash flows, using the direct method. (Show amounts that decrease orth flow with either a-signes -15.000 or in pentheses (15.000) PUFFY LTD. Statement of Cash Flows Direct Method Cash payments $ $