tax expense Net income End 18,610 $45,750 Beginning of Year of Year Accounts receivable (net) Inventories $16,790 $14,610 43,050 37,450 Prepaid expenses 6,770 7,450 Accounts payable (merchandise creditors) 31,570 29,300 Accrued expenses payable (operating expenses) 8,920 9,720 Income tax payable 1,690 1,690 Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the direct method. Use the minus sign to indicate cash outflows, cash payments, dew any negative adjustments. Stallion Company Cash Flows from Operating Activities Section For the year ended on June 30 Cash flows from (used for) operating activities: Cash received from customers Cash paid for merchandise Cash paid for operating expenses Cash paid for income taxes Net cash flow from operating activities Feedback -53,990 X