The following Income Statement and Operating Cash Flow information pertain to Receivership Inc.'s operations for the year ended December 31, 2018. 1,328 Income statement for the year ended December 31, 2018 Revenues Cost of goods sold 587 Rent expenses Wages expenses Insurance expenses Other SG&A (includes depreciation expenses) 198 Interest expenses 30 Gain on sale of asset (5) 152 136 53 Income before tax Tax 1,151 177 62 Net income 115 Cash flow provided by operating activities (indirect method), for the year ended December 31, 2018 Net income 115 Depreciation 32 Gain on sale of asset (5) 142 Increases/decreases in Accounts receivable 26 Inventories (35) Prepaid rent Accounts payable 28 Wages payable (20) Tax payable Interest payable Advances from customers Other accrued SG&A 13 Net cash provided by operating activities Required: 1. Prepare the net cash flow from operating activities section of the cash flow statement using the direct method