The following information pertains to Peak Heights Company: $ 87,000 Income Statement for Current Year Sales Expenses Cos of goods sold $51,775 Depreciation expense 7,100 Salaries expense 10,400 Net income 69,275 $ 17,725 Partial Balance Sheet Accounts receivable Inventory Salaries payable Current Prior year year $10,700 $ 14,800 12,500 9,800 820 1,710 Required: Present the operating activities section of the statement of cash flows for Peak Heights Company using the direct method. (List cash outflows as negative amounts.) PEAK HEIGHTS COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities: Cash collected from customers Cash payments to employees Cash payments to suppliers of inventory Net cash provided by operating activities $ 0