1 Hampton Company reports the following information for its recent calendar year. $76,000 8 03:16:10 Income Statement Data Sales Expenses Cost of goods sold Salaries expense Depreciation expense Net income Selected Year-End Balance Sheet Data Accounts receivable increase $7,000 Inventory decrease 5,000 Salaries payable increase 1,000 39,000 14,000 4,000 $19,000 eBook Required: Prepare the operating activities section of the statement of cash flows for Hampton Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Hint Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities