MOSS COMPANY Income Statement For Year Ended December 31, 2021 Sales Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense Net Income MOSS COMPANY Selected Balance Sheet Information At December 31 2021 Current assets Cash $ 91,150 31,500 Accounts receivable Inventory 60.500 Current liabilities Accounts payable 43.400 Income taxes payable 2,700 $ 549,000 357,600 191,400 128,500 49,000 13,900 8,100 $ 5,800 2020 $ 33,300 45.000 55,400 32,200 3.500 Use the Information above to calculate cash flows from operating activities using the indirect method (Amounts to be deducted should be indicated by a minus sign.) Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash $ 49,000 Changes in current operating assets and liabilities S 49.000 49.000 SME