2 re statement of cash flows- Indirect method (12 points) . Prepare 4 data below are taken from the financial statements of the Spectrum Corporation income Statement: Net income 1 statements of the Spectrum Corporation: 2018 Depreciation expense mortization of trademark Loss on sale of machinery 299,000 101,000 20,000 38,000 Balance Sheet: 12/31/18 12/31/17 Accounts receivable nventory Prepaid expenses Accounts payable Accrued expenses payable 195,000$204,000 53,000 321,000 8,000 14,000 290,000 158,000 59,000 Complete the partial statement of cash flows for the year ended December 31, 2018, showing the computation of net cash flows from operating activities by the indirect method: SPRECTRUM CORPORATION Partial Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities (indirect method): Net income Add Subtotal Less: Net cash flows from operating activities