The following information pertains to Peak Heights Company: Income Statement for Current Year Sales $ 86,200 Expenses Cost of goods sold $51,775 Depreciation expense 8,400 Salaries expense 10,000 70, 175 Net income $ 16,025 Partial Balance Sheet Accounts receivable Inventory Salaries payable Current year $ 11,400 13,800 1,620 Prior year $ 15,200 8,200 990 Required: Present the operating activities section of the statement of cash flows for Peak Heights Company using the indirect method. (List cash outflows as negative amounts.) PEAK HEIGHTS COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities