The following information pertains to Peak Heights Company Income Statement for Current Year Sales $ 86,400 Expenses Cost of goods sold $51,775 Depreciation expense 7,500 Salaries expense 11,800 71,075 Net income $ 15,325 year Partial Balance Sheet Accounts receivable Inventory Salaries payable Current Prior year $10,000 $ 15,100 12,800 9,500 1,710 980 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