Zowine Company's condensed income statement for the year ended December 31, 20-2, is shown. Net sales $765,000 Cost of goods sold 550,000 Gross profit $215,000 Operating expenses 30,000 Income before taxes $185,000 Income tax expense 65,000 Net income $120,000 Additional information obtained from Zowine's comparative balance sheets as of December 31, 20-2 and 20-1, is shown. 20-2 20-1 Cash $60,000 70,000 Accounts receivable Merchandise inventory $20,000 100,000 125,000 90,000 80,000 Accounts payable 55,000 Prepare a partial statement of cash flows reporting cash provided by operating activities for the year ended December 31, 20-2. Zowine Company Zowine Company Statement of Cash Flows (Partial) For Year Ended December 31, 20-2 Cash flows from operating activities: Net income Adjustments for changes in current assets and liabilities related to operating activities: Decrease in accounts receivable Decrease in merchandise inventory Decrease in accounts payable Net cash provided by operating activities 160,000