1. Using the following changes in current assets and current liability accounts and also the income statement, create a partial cash flow statement that only includes the cash flows from operating activities. Use the indirect method. Butte Ice Cream Income Statement YE 12/31/2016 $ 2,185,000 1,065,750 1,119,250.00 Sales Cost of goods sold Gross profit Operating expenses Wage expense Occupancy expense Depreciation expense Amortation expense - trademark Supplies expense Income from operations Gain on sale of equipment Net income 296,370 58,250 48,520 13,780 79,320 496,240 623,010 8.900 631,910 Changes in current assets and current liabilities accounts that impact cash flows from operations: Accounts receivable 46,200 increase Accounts payable 9,780 decrease Merchandise inventory 32,170 increase Wages payable 6,820 increase