The income statement of Whitlock Company is presented here. $7,445,200 WHITLOCK COMPANY Income Statement For the Year Ended November 30, Sales revenue Cost of goods sold Beginning inventory $1,902,700 Purchases 4,414,000 Goods available for sale 6,316,700 Ending inventory 1,330,700 Total cost of goods sold Gross profit Operating expenses Net income 4,986,000 2,459,200 1,196,200 $1,263,000 Additional information: 1. Accounts receivable increased $190,000 during the year, and inventory decreased $572,000. 2. Prepaid expenses increased $169,900 during the year. 3. Accounts payable to suppliers of merchandise decreased $342,700 during the year. 4. Accrued expenses payable decreased $106,900 during the year. 5. Operating expenses include depreciation expense of $97,800. Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2020, for Whitlock Company, using the Indirect method. (Show amounts that decrease cash flow with elther 3 - sign e.g. -15,000 or in parenthesis e.g. (15,000).) WHITLOCK COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to