The following income statement and additional year end information is provided ONS COWY Incent For Year Dec11 Sales $ 2,365,000 Cost of goods sold Gross profit 1,206,150 Operating expenses Salarisse $ 320, Depreciation 56.76 Hent expense Artization presents 7.05 Utilities expense 2015 4 Gain on sale of it Net 3737 Accounts receivable 19. Accette 13.05 dec Tivery 19.5 Saarise 5. Prepare the operating a section of the statement of cash flows in the direct method Amounts to be deducted should be indicated with a minusson) Cash flow og Rececom Payment for at for Payments for unktes The following income statement and additional year end information is provided ONS COWY Incent For Year Dec11 Sales $ 2,365,000 Cost of goods sold Gross profit 1,206,150 Operating expenses Salarisse $ 320, Depreciation 56.76 Hent expense Artization presents 7.05 Utilities expense 2015 4 Gain on sale of it Net 3737 Accounts receivable 19. Accette 13.05 dec Tivery 19.5 Saarise 5. Prepare the operating a section of the statement of cash flows in the direct method Amounts to be deducted should be indicated with a minusson) Cash flow og Rececom Payment for at for Payments for unktes