Use the following income statement and information about changes in non-cash current assets and current liabilities to present the cash flows from operating activities using the indirect method. (Indicate any loss, cash outflow or deduction in cash with a minus sign.) Kelly Gold Inc. Income Statement For Year Ended May 31, 2017 Sales Cost of goods sold $2,700 1,364 $1,336 Gross profit Operating expenses: Depreciation expense Other expenses $ 214 1,070 1,284 Total operating expenses Loss on sale of long-term investment $ Profit (loss) from operations Income tax expense (34) Profit (loss) $ (34) Changes in current asset and current liability accounts during the year were as follows. Accounts receivable Inventory Prepaid insurance Accounts payable Accrued liabilities $102 decrease 41 increase 7 increase 35 increase 18 decrease > Answer is not complete. (34) KELLY GOLD INC. Statement of Cash Flows Profit (loss) Adjustments: Depreciation Loss on sale of long-term investment Increase in accounts payable Decrease in accrued liabilities Decrease in accounts receivable Inventory increase Increase in prepaid insurance 214 86 35 (18) 102 (41) (7) 371 337 $