The following information pertains to Peak Heights Company: Income Statement for Current Year Sales $ 85,100 Expenses Cost of goods sold $51,775 Depreciation expense 7. eee Salaries expense 10,400 69,175 Net income $ 15,925 Partial Balance Sheet Accounts receivable Inventory Salaries payable Current Prior year year $11,200 $ 15,600 13,3ee 8,888 1,560 960 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 Net income Net loss