Selected Statement of Financial Position Information Dec. 31, 2022 Dec. 31, 2021 Cash $20,000 $17,500 Accounts receivable 10,500 8,000 Inventory 18,000 21,000 Accounts payable 15,000 10,000 Income taxes payable 1,000 2,500 Burch Company Statement of Earnings For the Year Ended December 31, 2022 Sales $250,000 Cost of goods sold Depreciation expense (160,000) (15,000) (35,000) (12,000) Other expenses Income tax expense Net income $ 28,000 Required: Compute the net cash flows from operating activities using the indirect method