The income statement and the cash flows from the operating activities section of the statement of cash flows are provided below for Balto Company. The merchandise Inventory account balance neither increased nor decreased during the reporting period. Balto had no liability for Insurance or deferred income taxes at any time during the period. Income Statement: Sales Cost of goods sold Gross Margin $305 185 120 Salaries expense Insurance expense Depreciation expense Depletion expense 41 19 6 5 Gains and losses: Gain on sale of equipment 3 Loss on sale of land 8 Income before tax Income tax expense 22 Net Income $22 Cash Flows from Operating Activities: Operati Cash received from customers 311 Cash paid to suppliers (206) Cash paid to employees (36) Cash paid for insurance (10) Cash paid for income tax (2) Net cash flows from operating activities 57 Prepare a schedule to reconcile net income to net cash flows from operating activities