The following information pertains to Peak Heights Company: Income Statement for Current Year Sales $ 85,800 Expenses Cost of goods sold $ 51,875 Depreciation expense 8,400 Salaries expense 10,100 70,375 Net income $ 15,425 Partial Balance Sheet Current year Prior year Accounts receivable $ 10,700 $ 15,400 Inventory 13,800 9,800 Salaries payable 1,650 860

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.)