The following information pertains to Peak Heights Company Income Statement for 2015 Sales S 85,700 Cost of goods sold Depreciation expense Salaries expense $51,775 8,400 11,800 71,975 Net income S 13,725 Partial Balance Sheet Accounts receivable Inventory Salaries payable 2015 2014 S10,700 S 13,500 12,400 9,600 810 1.600 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 Cash flows from operating activities