The Income statement and selected balance sheet December 31 are presented below omalen for Calendars incorporated for the year ended Sales Revenge $75,000 34 500 700 cost at Goods Bold Depreciation Expens Salaries and Wages Expense Rent Expense Interest Expense Utilities Expense $ 9,850 Selected Balance Sheet Macounts Ending Beginning Balance Balance Inventory $ 445 Accounts Receivable Accounts Payable salaries and Wages Payable Utilities Payable Prepaid Rent Prepaid Insurance Required! Prepare the cash flows from operating activities section of the statement of cash flows using the Indirect method Amounts to be deducted should be indicated by a minus sign.) CALENDARS INCORPORATED Statement of Cash Flows (Partial) For the Year Ended December 31 Cash Flows from Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Increase in Accounts Receivable 11 Decrease n Accounts Payable $9.850 Depreciation Expense Increase in Salanes and Wages Payable increase in tilts Payable Nel Cash Provided by Operating