Use the following information to prepare the operating activities section of the statement of cash flows using the indirect method. Wonder Company Income Statement Sales Cost of goods sold Gross profit from sales Operating expenses: For Year Ended December 31, 2019 270,000 156,000 Accounts receivable 114,000 Balance December 31, 2019 December 31, 2018 41,400 36,000 Salaries expense Merchandise inventory 33,450 30,000 37,500 Depreciation expense 10,500 Rent expense 10,800 Prepaid rent 825 600 Interest expense 2,850 61,650 Income from operations 52,350 Loss on sale of land Net income 5,250 47.100 Accounts payale 40,650 39,000 Salaries payable 15,600 13,500 Interest payable 450 375