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The following information pertains to Peak Heights Company: Income Statement for 2015 Sales Expenses $ 85,200 Cost of goods sold Depreciation expense Salaries expense $51,775

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The following information pertains to Peak Heights Company: Income Statement for 2015 Sales Expenses $ 85,200 Cost of goods sold Depreciation expense Salaries expense $51,775 8,400 10,600 70,775 Net income 14,425 Partial Balance Sheet 2015 2014 Accounts receivable Inventory Salaries payable $ 10,100 $ 13,100 13,100 9,000 910 1740 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 Cash flows from operating activities

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