Suppose your company reports $260 of net income and $60 of cash dividends paid, and its comparative balance sheet indicates the following. Beginning Ending Cash $ 55 $ 295 Accounts Receivable 175 275 Inventory 345 225 Total $ 575 $ 795 Salaries and Wages Payable $ 30 $ 150 Common Stock 200 100 Retained Earnings 345 545 Total $ 575 $ 795 Required: 1. Prepare the operating activities section of the statement of cash flows, using the indirect method.