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The following Information pertains to Peak Heights Company: Income Statement for Current Year Sales Expenses Cost of goods sold $ 86,200 $51,675 Depreciation expense

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The following Information pertains to Peak Heights Company: Income Statement for Current Year Sales Expenses Cost of goods sold $ 86,200 $51,675 Depreciation expense 6,800 Salaries expense 10,300 68,775 Net income $ 17,425 Partial Balance Sheet Accounts receivable Inventory Salaries payable Current Prior year year $ 9,600 $13,800 13,300 8,400 1,630 870 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: S 0

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