A comparative balance sheet and income statement is shown for Cruz, Inc. 2018 CRUZ, INC. Comparative Balance Sheets December 31, 2019 2019 Assets Cash $ 72,900 Accounts receivable, net 31,300 Inventory 65,600 Prepaid expenses 4,000 Total current assets 173,800 Furniture 80,600 Accum. depreciation-Furniture (12,500) Total assets $241,900 Liabilities and Equity Accounts payable $ 11,400 Wages payable 6,800 Income taxes payable 1,200 Total current liabilities 19,400 Notes payable (long-term) 24,800 Total liabilities 44,200 Equity Common stock, $5 par value 170,300 Retained earnings 27,400 Total liabilities and equity $241,900 $ 18,100 38,400 72,100 3,300 131,900 93,500 (7,100) $218,300 $ 16,100 3,800 2,100 22,000 55,800 77,800 134,800 5,700 $218,300 CRUZ, INC. Income Statement For Year Ended December 31, 2019 Sales $373, 800 Cost of goods sold 240,600 Gross profit 133,200 Operating expenses Depreciation expense $28,800 240,600 133,200 Cost of goods sold Gross profit Operating expenses Depreciation expense Other expenses Income before taxes Income taxes expense Net income $28,800 68,300 97,100 36,100 13, 100 $ 23,000 Required: Use the indirect method to prepare the operating activities section of the statement of cash flows. (Amounts to be deducted should 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