The following information pertains to Peak Heights Company: Income Statement for Current Year Sales $ 85,600 Expenses Cost of goods sold $51,675 Depreciation expense 7,200 Salaries expense 11,400 70,275 Net income $ 15,325 Partial Balance Sheet Accounts receivable Inventory Salaries payable Current Prior year year $ 9,500 $ 14,600 12,900 8,100 1,740 840 Required: Present the operating activities section of the statement of cash flows for Peak Heights Company using the cash outflows as negative amounts.) PEAK HEIGHTS COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities