The net income reported for the current year was $63,000. Depreciation recorded on fixed assets for the year was $24,000. Balances of the current asset and current liability accounts at the end and beginning of the year are as follows: End Cash $65,000 Beginning $70,000 Accounts Receivable (net) 70,000 57,000 Inventories 86,000 102,000 Prepaid Expenses 4,000 4,500 Accounts Payable (merchandise creditors) 51.000 58,000 Cash Dividends Payable 4,500 6,000 6,500 7,500 Salaries Payable Prepare the operating activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments Cash Flows from Operating Activities Section Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flows from (used for) operating activities Deprecation Changes in current operating assets and Sabilities Increme in accounts receivable) 0000000