[The following information applies to the questions displayed below) A comparative balance sheet and income statement is shown for Cruz, Inc. 2017 CRUZ, INC. Comparative Balance Sheets December 31, 2018 2018 Assets Cash $ 94,800 Accounts receivable, net 41,000 Inventory 85,800 Prepaid expenses 5,400 Total current assets 227,000 Purniture 109,000 Accum. depreciation Furniture (17,000) Total assets $319,000 Liabilities and Equity Accounts payable $ 15,000 Wages payable 9,000 Income taxes payable 1,400 Total current liabilities 25,400 Notes payable (long-tern) 29,000 Total liabilities 54,400 Equity Common stock, $5 par value 229,000 Retained earnings 35,600 Total liabilities and equity $319,000 $ 24,000 51,000 95,800 4,200 175,000 119,000 (2.000) $285,000 $ 21,000 5,000 2.600 28,600 69,000 97,600 179,000 8,400 $285,000 CRUE, INC. Income Statement For Year Ended December 31, 2018 Sales $488,000 Cost of goods sold 314,000 Gross profit 174,000 Operating expenses Depreciation expense $37,600 Other expenses 89, 100 126,700 Income before taxes 47,300 Income taxes expenso 17,300 Net income $ 30,000 Use the above balance sheet and income statement to prepare the cash provided (used) from operating activities section by direct method. (Amounts to be deducted should be indicated with a minus sign.) Net Income $ 30,000 Use the above balance sheet and income statement to prepare the cash provided (used) from operating activities section by direct method. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities $