The income statement and selected balance sheet information for Direct Products Company for the year ended December 31 are presented below. Income Statement Sales Revenue $ 52,600 Expenses: Cost of Goods Sold 23,000 Depreciation Expense 2,400 Salaries and Wages Expense 9,400 Rent Expense 4,900 Insurance Expense 2,100 Interest Expense 2,000 Utilities Expense 1,600 Net Income $ 7,200 Selected Balance Sheet Accounts Ending Beginning Balances Balances Accounts Receivable $580 $ 620 Inventory 950 750 Accounts Payable 440 500 Prepaid Rent 33 24 Prepaid Insurance 29 36 Salaries and Wages Payable 92 56 Utilities Payable 28 19 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 with a minus sign.) DIRECT PRODUCTS COMPANY Statement of Cash Flows (Partial) For the Year Ended December 31 Cash Flows from Operating Activities $ 7,200 Net Income: Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Decrease in Accounts Payable Changes in Current Assets and Current Liabilities