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: Earring Co. Income statement For year ended May 31, 2020 Sales $2,810 1.419 Cost of goods sold Gross profit $1,391 Operating expenses Depreciation expense $223 $(21) Other expenses 1.100 Total operating expenses $1,323 Loss on sale of long-term investment Net income (Net loss) from operation Income tax expense Net income (Net loss) $(21) Changes in current assets and current liability accounts during the year were as follows: Accounts receivable $63 decrease Inventory 25 increase Prepaid insurance 3 increase Accounts payable 15 increase Accrued liabilities 8 decrease