The following information pertains to Peak Heights Company: Income Statement for Current Year Sales Expenses Cost of goods sold $ 51,675 $ 86,400 Depreciation 8,400 expense 55 Salaries expense 10,800 Net income 70,875 $ 15,525 Partial Balance Sheet Current year Accounts receivable Inventory Salaries payable $ 10,700 12,100 1,560 Prior year $ 15,600 9,600 970 ces Required: Present the operating activities section of the statement of cash flows for Peak Heights Company using the indirect method. Note: List cash outflows as negative amounts. PEAK HEIGHTS COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities