The income statement of Hauser Company is presented on the shown below.?

Additional information:

1. Accounts receivable decreased $290,000 during the year, and inventory increased $140,000.

2. Prepaid expenses increased $175,000 during the year.

3. Accounts payable to merchandise suppliers increased $63,000 during the year.

4. Accrued expenses payable increased $145,000 during the year.

InstructionsPrepare the operating activities section of the statement of cash flows for the year ended December 31, 2012, for Hauser Company, using the indirect method.

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HAUSER COMPANY Income Statement For the Year Ended December 31, 2012 $5,200,000 Sales Cost of goods sold Beginning inventory Purchases $1,780,000 3,430,000 Goods available for sale Ending inventory Total cost of goods sold 5,210,000 1,920,000 3,290,000 Gross profit Operating expenses Selling expenses Administrative expense Depreciation expense Amortization expense 1,910,000 420,000 525,000 105,000 15,000 1,065,000 $ 845,000 Net income