The following information pertains to Peak Heights Company: Income Statement for Current Year Sales Expenses $ 85,100 Cost of goods sold $ 51,875 Depreciation expense Salaries expense 6,500 11,800 Net income 70,175 $ 14,925 Partial Balance Sheet Current year Accounts receivable Inventory Salaries payable $ 10,900 13,900 1,620 Prior year $ 14,600 8,600 920 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: