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The income statement of Sarasota Company is shawn below Additional intormation, 1. Accouints receivable decreased $370,000 dianing the vear: 2. Prepaid expenses increated 5160000 during

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The income statement of Sarasota Company is shawn below Additional intormation, 1. Accouints receivable decreased $370,000 dianing the vear: 2. Prepaid expenses increated 5160000 during the vear. 3. Accounts pyrable to suppliers of meschandise decreased $290.000 during the year: 4. Accrued expenses payable decreased $90,000 during the year. 5 Administrative expemes inchide depreciation expense of $50,000 Prepare Uie operating activites section of the statement of cash flows using the direct method. Prease the coerating activities section of the statensent of cash flows using the direct method

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