31).........

Partial balance sheets and additional information are listed below for Rickey Company. Rickey Company 8 Partial Balance Sheets 01:41:35 as of December 31 2021 2020 Assets Cash $27, 200 $48 , 000 Accounts receivable 93 , 000 77 , 200 Inventory 42 , 200 48 , 000 Liabilities Accounts payable $69 , 200 $88 , 000 Additional information for 2021. Net income was $168,000. Depreciation expense was $24,000. Required: Prepare the operating activities section of the statement of cash flows for 2021 using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities: Adjustment for noncash effects: Changes in operating assets and liabilities: Net cash flows from operating activities $ 0