The following information pertains to Peak Heights Company:

$\backslash$table$[[$Income Statement for Current Year$],[\{$

$\backslash$table$[[$Sales$],[$Expenses$]]\}],[],[$Cost of goods sold,$$51,675,,],[\backslash$table$[[$Depreciation$],[$expense$]],6,900,,],[$Salaries expense,$10,500,69,075],[$Net income,,$$17,425],[$Partial Balance Sheet,Curren,$t$ year,Prior year$],[$Accounts receivable,,$$9,700,],[$Inventory$,,12,500,9,400],[$Salaries payable,,$1,600,940]]$

Required:

Present the operating activities section of the statement of cash flows for Peak Heights Company using the indirect method.

Note: List cash outflows as negative amounts.

$\backslash$table$[[$PEAK HEIGHTS COMPANY$],[$Statement of Cash Flows $($Partial$)],[$Cash flows from operating activities:,$],[,],[,],[,],[,],[,],[,]]$