The net income reported on the income statement for the current year was $128,100. Depreciation recorded on store equipment for the year amounted to $21,100. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End of Beginning of Year Year Cash $52,140 $47,450 Accounts receivable (net) 37,380 35,070 Inventories 51,050 53,380 Prepaid expenses 5,740 4,510 Accounts payable (merchandise 48,860 44,890 creditors) Wages payable 26,700 29,320 a. Prepare the "Cash flows from operating activities" section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Statement of Cash Flows (partial) Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Net cash flow from operating activities b. Cash flows from operating activities differs from net income because it does not use the income statement when of accounting. For example revenues are recorded on the