Traynor Exercise Equipment, Inc. reported the following financial statements for 2024 (Click the icon to view the income statement) (Click the icon to view the comparative balance sheet) (Click the icon to view additional information.) Complete the statement one section at a time, beginning with the cash flows from operating activities. Traynor Exercise Equipment, Inc. Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities Depreciation Expense 47000 Increase in Accounts Receivable (1000) Decrease in Merchandise Inventory 6000 Increase in Accounts Payable 5000 Decrease in Salaries Payable (500) Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities 120000 56500 176500