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The following information pertains to Peak Heights Company ment for Current Year $85.100 Cost of goods sold iation expense expense $51,775 6,600 11,1ee 69.475 $

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The following information pertains to Peak Heights Company ment for Current Year $85.100 Cost of goods sold iation expense expense $51,775 6,600 11,1ee 69.475 $ 15,625 Partial Balance Sheet Accounts receivable Inventory laries payable Current Prior year year $11, eee $ 16,888 13, 8ee9, 2ee 1,728 Required: Present the operating activities section of the statement of cash flows for Peak Heights Company using the direct method. (List cash outflows as negative amounts.) PEAK HEIGHTS COMPANY Statement of Cash Flows (Partia) Cash flows from operating activities

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