Use the following information to determine this company€™s cash flows from operating activities using the indirect method.

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MOSS COMPANY Income Statement For Year Ended December 31,2015 MOSS COMPANY Selected Balance Sheet Information December 31,2015 and 2014 Sales $515,000 331,600 183,400 ...ACTPOR.. 2015 2014 Gross profit Cost of goods sold. 4015 2014 Cost Current assets Cash... $84,650 $26,800 Operating expenses Accounts receivable.25,000 32,000 Inventory. 60,000 54,100 expense 36,000 Other expenses Income before taxes 121,500 157,500 25,900 7,700 $18,200 Current liabilities Accounts payable. Income taxes payable Net income 2,050 ,200