Question: Accounting question. please help solve and show work. thank you. The following information pertains to Peak Heights Company: Income Statement for Current Year Sales $

Accounting question. please help solve and show work. thank you.

Accounting question. please help solve and show work. thank you. The following

The following information pertains to Peak Heights Company: Income Statement for Current Year Sales $ 87,000 Expenses Cost of goods sold $51, 775 Depreciation expense 6,600 Salaries expense 69,975 Net income $ 17,025 11,600 Partial Balance Sheet Accounts receivable Inventory Salaries payable Current Prior year year $ 9,600 $ 16,000 13,300 9,100 1,610 920 Required: Present the operating activities section of the statement of cash flows for Peak Heights Company using the indirect method. (List cash outflows as negative amounts.) PEAK HEIGHTS COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities

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