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The following information pertains to Guy's Gear Company: Sales Expenses: $78,000 $49,eee 5,800 Cost of Goods Sold Depreciation Expense Salaries and Wages Expense Net Income

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The following information pertains to Guy's Gear Company: Sales Expenses: $78,000 $49,eee 5,800 Cost of Goods Sold Depreciation Expense Salaries and Wages Expense Net Income Accounts Receivable Decrease Inventory Increase Salaries and Wages Payable Increase 11,8 66,680 $11,400 $. 3,88 7,800 730 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 Activities-Indirect Method Adjustments to Reconcile Net Income to Cash Provided byopeng Activities Changes in Current Assets and Current Liabilities

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