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XC Remaining Time: 1 hour, 46 minutes, 43 seconds. Question Completion Status: QUESTION 7 Use the following information to prepare the operating activities section

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XC Remaining Time: 1 hour, 46 minutes, 43 seconds. Question Completion Status: QUESTION 7 Use the following information to prepare the operating activities section of the statement of cash flows using the indirect method. 10 points Save Antwer Wonder Company Income Statement Balance For Year Ended December 31, 2019 Sales 270.000 December 31, 2019 December 31, 2018 Cost of goods sold 156.000 Gross profit from sales Accounts receivable 41,400 114.000 Operating expenses Merchandise inventory Salaries expense 37,500 Depreciation expense 10,500 Rent expense Interest expense 10.800 2.850 Prepaid rent 61.650 ncome from operations Loss on sale of land 52.350 Net income 5.250 47,100 Accounts paya Salaries payable Chick Save and Submit the and boir Chick Save Ail annen sie alles novo Interest payable 36,000 33.450 30.000 600 $25 40 650 39.000 15.600 13.500 450 Save All Agr Quee window 375 Save and Subme

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