Take me to the text Use the following information to prepare the operating activities section of a statement of cash flows for Max's Catering Company for 2020 using the indirect method. Net Income $300,000 Decrease in food and beverage inventory $29,500 Decrease in accounts payable $13,000 Depreciation expense $45,000 Increase in accounts receivable $15,000 Gain on sale of land $26,600 Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash. Max's Catering Company Cash Flow Statement For the Year Ended December 31, 2020 Cash Flow from Operating Activities Net Income 3000 Adjustments for Non-Cash Items Depreciation expense 45000 Gain on sale of land 26600 Change in Current Assets and Current Liabilities Increase in accounts receivable 15000 Decrease in food and beverage inventory 29500 Decrease in accounts payable 13000 Net Cash Provided (Used) by Operating Activities 1