The following information pertains to Peak Heights Company Income statement for current Tear 585,200 Expenses Cont of goods sold $51.775 Depreciation expense 7,200 salaries expense 11.500 70.625 Net Income $14,725 Tartial Balance Sheet Accounts receivable Inventory Salaries payable Current Prior YOR year $10,800 $14,500 13,800 9.300 1,640 870 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