The following accounts and corresponding balances were drawn from Jogger Company's Year 2 and Year 1 year-end balance sheets. Account Title Accounts receivable Prepaid rent Utilities payable Year 2 Year 1 $71,700 $80,500 500 1,870 1,180 1,120 35,600 Other operating expenses payable The Year 2 income statement is shown next. 32,500 Income Statement Sales Rent expense Utilities expense Other operating expenses Net Income Required $302,000 (23,600) (34,700) (167,600) $76,100 a. Prepare the operating activities section of the statement of cash flows using the direct method. b. Prepare the operating activities section of the statement of cash flows using the indirect method. Required A Required B Prepare the operating activities section of the statement of cash flows using the direct method. (Cash outflows should be indicated with a minus sign.) Direct Method Cash flow from operating activities: Net cash flow from operating activities Required A Required B > Required A Required B Prepare the operating activities section of the statement of cash flows using the indirect method. (Cash outflows should be indicated with a minus sign.) Indirect Method Cash flow from operating activities: Plus: Less: Net cash flow from operating activities