The income statement of Whitlock Company is presented here. WHITLOCK COMPANY Income Statement For the Year Ended November 30, 2020 Sales revenue $7,482,900 Cost of goods sold Beginning inventory Purchases $1,834,000 4,316,300 6,150,300 1,399,700 Goods available for sale Ending inventory Total cost of goods sold 4,750,600 Gross profit 2,732,300 Operating expenses 1,186,700 Net income $1,545,600 Additional information: 1. Accounts receivable increased $192,700 during the year, and inventory decreased $434,300 2. Prepaid expenses increased $171,300 during the year. 3. Accounts payable to suppliers of merchandise decreased $ 334.500 during the year. 4. Accrued expenses pavable decreased $100,400 during the year. 5. Operating expenses include depreciation expense of $98,600. Prepare the operating activities section of the statement of cash flows using the direct method. ( in garantieren in parenthesis e.g. (15,000).) WHITLOCK COMPANY Partial Statement of Cash Flows For the Year Ended November 30, 2020 Cash Flows from Operating Activities Cash Receipts from Customers cash payments: X For Operating Expenses 5 To Suppliers = Net Cash Prodet odelat cu Click if you would like to Show Work for this question: open Sword LINK TO TEXT