The net income reported on the income statement for the current year was $58,000. Depreciation recorded on fixed assets for the year was $24,000. In addition, equipment with an original cost of $130.000 and accumulated depreciation of $115,000 on the date of the sale, was sold for $20,000. Balances of the current asset and current liability accounts at the end and beginning of the year are listed below. Prepare the cash flows from operating activities section of a statement of cash flows using the indirect method. End Beginning Cash $65.000 $ 70,000 Accounts receivable (net) 70.000 63.000 Inventories 85.000 102,000 4.000 4.500 50.000 58.000 Prepaid expenses Accounts payable (merchandise creditors) Cash dividends payable Salaries payable 4.500 6,500 6.000 7,500