2 Assignment Exercise 12-2 Indirect: Reporting cash flows from operations LO P2 Hampton Company reports the following information for its recent calendar year. Income Statement Data $160.000 Expenses Cost of goods sold 100,000 Salaries expense Depreciation expense Net income Selected Year-End Balance Sheet Data Accounts receivable increase Inventory decrease salaries payable increase 1,000 Required: Prepare the operating activities section of the statement of cash flows using the indirect method (Amounts to be deducted should be indicated with a minus sign.) All Statement of Cash Flows partial Cash flows from operating activities 2/w/ERTY 50 F G H - x ans