Use the following income statement and information about selected current assets and current liabilities to calculate the net cash provided or used by operating activities under the indirect method. Income Statement For Year Ended December 31, Year 2 Sales Cost of goods sold Gross profit Operating expenses Wages expense Depreciation expense Rent expense Interest expense Loss on sale of land $219,000 110,500 $ 108,500 $ 26,300 8,300 8,500 3,200 46,300 Net income $ 62,200 4,800 $ 57,400 Selected beginning and ending balances of current asset and current liability accounts, all of which relate to operating activities, follow. Accounts receivable Inventory Prepaid rent Accounts payable Wages payable. Interest payable Balance December 31, December 31, Year 2 $ 30,200 24,900 810 Year 1 $25,300 21,300 530 29,700 27,300 13,000 10.300 560 380 Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current assets and current liabilities +