Waterway Company reported net income of $182,500 for the current year. Depreciation recorded on buildings and equipment amounted to $82,500 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End of Year Beginning of Year Cash $22,500 $20,000 Accounts receivable 26,500 37,000 Inventories 52,500 70,000 Prepaid expenses 14,500 7,500 Accounts payable 14,500 23,000 Income taxes payable 6,600 3,700 Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) WATERWAY COMPANY Partial Statement of Cash Flows select a cashflow item $enter a dollar amount Adjustments to reconcile net income to select an opening section name : select a cashflow item $enter a dollar amount select a cashflow item enter a dollar amount select a cashflow item enter a dollar amount select a cashflow item enter a dollar amount select a cashflow item enter a dollar amount select a cashflow item enter a dollar amount select a closing section name $enter a total amount