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The following Information pertains to Guy's Gear Company $102, eee Sales Expenses: Cost of Goods Sold Depreciation Expense Salaries Expense $63,240 11,200 13,200 87,640 Net

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The following Information pertains to Guy's Gear Company $102, eee Sales Expenses: Cost of Goods Sold Depreciation Expense Salaries Expense $63,240 11,200 13,200 87,640 Net Income $ 14,360 Accounts Receivable decrease Merchandise Inventory increase Salaries Payable increase $ 6,000 8,200 1,460 Required: Present the operating activities section of the statement of cash flows for Guy's Gear Company using the Indirect method. (Amounts to be deducted should be Indicated with minus sign.) Cash flows from operating activities-indirect method Adjustments to reconcile net income to cash provided by operating activities Changes in current assets and current liabilities

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