The income statement of Bonita Company is shown below. BONITA COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sales $766.000 Cost of goods sold 525.000 Gross profit 241,000 Operating expenses Selling expenses 50,000 Administrative expenses 86,000 136.000 Net income $105.000 Additional information: 1 Accounts receivable decreased $60,000 during the year. 2. Inventory increased $37,000 during the year. 3. Prepaid expenses increased $12,000 during the year. 4. Accounts payable increased $26,000 during the year. 5. Accrued expenses payable increased $6,000 during the year. 6. Administrative expenses include depreciation expense of $21,000.Prepare the operating activities section of the statement of cash flows using the direct method. BONITA COMPANY Statement of Cash Flows (Partial) For the Year Ended December 31, 2020 Cash Flows from Operating Activities v V S v v V