A comparative balance sheet and income statement is shown for Cruz, Inc. 2018 CRUZ, INC. Comparative Balance Sheets December 31, 2019 2019 Assets Cash $ 99,000 Accounts receivable, net 42,800 Inventory 89,600 Prepaid expenses 5,600 Total current assets 237,000 Furniture 113,000 Accum. depreciation-Furniture (17,600) Total assets $332,400 Liabilities and Equity Accounts payable $ 15,600 Wages payable 9,400 Income taxes payable 1,500 Total current liabilities 26,500 Notes payable (long-term) 31, 10e Total liabilities 57,600 Equity Common stock, $5 par value 238,600 Retained earnings 36,200 Total liabilities and equity $332,480 $ 25,000 53,109 99,700 4,400 182,209 124,700 (9,480) $297,500 $ 21,900 ,200 700 29,800 65,700 95,500 190,000 12,000 $297,500 CRUZ, INC. Income Statement For Year Ended December 31, 2019 Sales $509,400 Cost of goods sold 327,880 Gross profit 181,600 Operating expenses Depreciation expense $ 39,200 Other expenses 92,900 132, 100 Income before taxes 49,500 Income taxes expense 18,190 Net income 31,400 Required: Requieu. Use the indirect method to prepare the operating activities section of the statement of cash flows. (Amounts to be ded be indicated with a minus sign.) Cash flows from operating activities Adjustments to reconcile net income to operating cash flow Income statement items not affecting cash Changes in current operating assets and liabilities