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The following income statement and additional year-end information is provided. Accounts receivable Inventory $34,300 increase Accounts payable 16,200 increase Salaries payable $ 10,275 decrease 1,

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The following income statement and additional year-end information is provided. Accounts receivable Inventory $34,300 increase Accounts payable 16,200 increase Salaries payable \$ 10,275 decrease 1, 650 decrease Prepare the operating activities section of the statement of cash flows using the indirect melhod. Note: Amounts to be deducted should be indicated with a minus sign. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Statement of Cash Flows (partial) } \\ \hline Cash flows from operating activities & & \\ \hline Net incorne & $ & 742,560 \\ \hline \multicolumn{3}{|c|}{ Adjustments to reconcile net income to net cash provided by operating activities } \\ \hline \multicolumn{3}{|c|}{ Income statement items not affecting cash } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \multicolumn{3}{|c|}{ Changes in cutrent operating assets and liabilitios } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Net cash provided by operating activities & $ & 742,560 \\ \hline \end{tabular}

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