The following information pertains to peak heights company:

Required:
Present the operation activities section of the statement of cash flows for peak heights company using the indirectmethod.

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Income Statement for 2015 Sales $93,000 Expenses Cost of goods sold Depreciation expense Salaries expense $51.875 6,000 12,000 69,875 $23,125 2014 $11,000 Net income Partial Balance Sheet Accounts receivable Inventory Salaries payable 2015 $10,500 13,000 2,250 8,000 800