The following information pertains to Night Company:

Required:
Present the operating activities section of the statement of cash flows for Night Company using the indirectmethod.

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Income Statement Sales Expenses S75,000 Cost of goods sold Depreciation expense Salaries expense $46,875 8,500 12.000 67,375 s 7.625 Net income Partial Balance Sheet Accounts receivable Inventory Salaries payable 2010 2009 $10,000 15,000 $12,500 8,000 1,750 800