The income statement and selected balance sheet information for Calendars Incorporated for the year ended December 31 are presented below. $ 78,000 Income Statement Sales Revenue Expenses: Cost of Goods Sold Depreciation Expense Salaries and Wages Expense Rent Expense Insurance Expense Interest Expense Utilities Expense Net Income 36,000 16,000 10,000 2,500 1,300 1,200 1,000 $ 10,000 Beginning Balances $ 490 1,500 Selected Balance Sheet Accounts Ending Balances Inventory $ 430 Accounts Receivable 1,800 Accounts Payable 1,200 Salaries and Wages Payable 450 Utilities Payable 100 Prepaid Rent 80 Prepaid Insurance 70 1,300 250 0 100 90 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: Depreciation Expense Changes in Current Assets and Current Liabilities Decrease in Inventory Increase in Accounts Receivable Decrease in Accounts Payable Increase in Salaries and Wages Payable Increase in Utilities Payable Decrease in Prepaid Rent Decrease in Prepaid Insurance Net Cash Provided by Operating Activities $