tivities 6-12 The current sections of Blues Traveler Co. balance sheets at December 31, 2007 and 2008. are presented below. BLUES TRAVELER Co. PEPE Comparative Balance Sheets (partial) T OOR December 31 S tore on 2008 2007 Current assets Cash $105,000 $ 99,000 Accounts receivable Too 110,000 85,000 Inventory 171,000 186,000 to Prepaid expenses 27,000 b y 32,000 Total current assets $413,000 $402,000 Current liabilities VSTWO Accrued expenses payable $ 15,000 $ 5,000 Accounts payable 88,000 92,000 dow ) Total current liabilities $103,000 $ 97,000 osor (d Blues Traveler's net income for 2008 was $163,000. Depreciation expense was $30,000. Instructions Prepare the operating activities section of Blues Traveler's statement of cash flows for the year ended December 31, 2008, using the indirect method