The following information pertains to Guy's Gear Company: Sales Expenses: Cost of Goods Sold Depreciation Expense Salaries and Wages Expense $ 47,500 5,500 11,500 $ 75,000 Net Income 64,500 $ 10,500 Accounts Receivable Decrease $ 3,500 Inventory Increase 7,500 Salaries and Wages Payable Increase 700 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 a minus sign.) GUY'S GEAR COMPANY Cash Flows from Operating ActivitiesIndirect Method Adjustments to Reconcile Net Income to Cash Provided by Operating Activities Changes in Current Assets and Current Liabilities