Statement of Cash Flows Amelia's Bookstore reported net income of $60,000 for the current year. The following information is also available for the year: $5,000 depreciation expense, $5,000 increase in Inventory, $2,000 decrease in accounts receivable, and $1,200 decrease in accounts payable Using the indirect method, prepare the operating activities section of the statement of cash flows for Amelia's for the current year. Use a minus sign for any negative amounts. AMELIA'S BOOKSTORE Statement of Cash Flows (Partial) For Year Ended December 31, Current Year Operating Activities Net income Adjustments for differences between income flows and cash flows from operating activities: Add Depreciation expense 5.000 Add: Decrease in accounts receivable Less Increase in inventory Less: Decrease in accounts payable 60.000 2.000 Net cash provided by operating activities