Income Statement Data Arundel Company disclosed the following information for its recent calendar year. Selected Year-End...

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Income Statement Data Arundel Company disclosed the following information for its recent calendar year. Selected Year-End Balance Sheet Data Revenues Accounts receivable decrease 110,000 25,000 Expenses: Salaries expense 70,000 Purchased a machine for cash Salaries payable increase 22,000 28,000 Depreciation 31,400 expense Utilities expense 33,000 Interest payable decrease Interest expense 7,300 15,000 Net loss $ (31,700) Prepare the operating activities section of the statement of cash flows using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign. Income Statement Data Arundel Company disclosed the following information for its recent calendar year. Selected Year-End Balance Sheet Data Revenues Accounts receivable decrease 110,000 25,000 Expenses: Salaries expense 70,000 Purchased a machine for cash Salaries payable increase 22,000 28,000 Depreciation 31,400 expense Utilities expense 33,000 Interest payable decrease Interest expense 7,300 15,000 Net loss $ (31,700) Prepare the operating activities section of the statement of cash flows using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign.