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For the company below, assume that all sales are on credit; all credits to accounts receivable are receipts from customers, all purchases of merchandise are on credit; all debits to accounts payable result from payments for merchandise. For simplicity, ignore the required disclosures for cash flows associated with interest paid and received, and income taxes as well as any non-cash disclosures that may have occurred in the current year. a) Use the following income statement and select balance sheet accounts to present the operating activities section of the statement of cash flow using the indirect method. Include all appropriate headings and sub-totals. Please make sure your final answer(s) are accurate to 2 decimal places. Barton Corporation Barton Corporation Income Statement Statement of Cash Flows For year ended December 31, 2015 For the year ended December 31, 2015 Revenues Net sales 160,000 from Investment income from investment in associate 88,000 x +++ Interest income 15,000 Commissions earned. 115,000 Total revenues... 378,000 Expenses Cost of goods sold 10,400 Depreciation expense 14,700 Interest expense 5,600 Total expenses 30,700 Net income before taxes 347,300 Income tax expense.. 9,000 Net income 338,300 Barton Corporation Partial balance sheet December 31 Accounts receivable Inventory Prepaid insurance Accounts payable Short-term notes payable Interest payable 2015 2014 97,400 94,700 167,200 165,600 35,100 31,800 16,900 14,100 34,200 36,500 16,800 15,500 b) How will the 'Net cash flow from operations' compare to the accrual based net income? O Net cash flow from operations may be greater or less than accrual based net income O Net cash flow from operations will always be less than accrual based net income O Net cash flow from operations will always be greater than accrual based net income