sh Cemptex Corporation prepares its statement of cash flows using the indirect method to report operating activi- ties. Net income for the 2018 fiscal year was $624,000. Depreciation and amortization expense of $87,000 was included with operating expenses in the income statement. The following information describes the changes in current assets and liabilities other than cash: Decrease in accounts receivable Increase in inventories Increase prepaid expenses Increase in salaries payable Decrease in income taxes payable $22,000 9,200 8,500 10,000 14,000 Required: Prepare the operating activities section of the 2018 statement of cash flows. h Chew Corporation prepares its statement of cash flows using the indirect method of reporting operating activi- ties. Net income for the 2018 fiscal year was $1,250,000. Depreciation expense of $140,000 was included with operating expenses in the income statement. The following information describes the changes in current assets and liabilities other than cash: 1250,00 Increase in accounts receivable $152,000 Decrease in inventories 108,000 Decrease prepaid expenses 62,000 Decrease in salaries payable ( 30,000 Increase in income taxes payable 44,000 Required: Calculate cash flows from operating activities for 2018. 172,000 354.000 logu not