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 $2,890 1,460 $1,430 Gross profit Operating expenses: Depreciation expense Other expenses $ 229 1,180 Total operating expenses Loss on sale of long-term investment 1,409 94 Profit (loss) from operations Income tax expense $ (73) Profit (loss) $ (73) Changes in current asset and current liability accounts during the year were as follows. Accounts receivable Inventory Prepaid insurance Accounts payable Accrued liabilities $219 decrease 86 increase 10 increase 50 increase 27 decrease KELLY GOLD INC. Statement of Cash Flows Profit (loss) Adjustments: stments