B. A partial balance sheet for orange company is presented below. Orange Company Income statement For the year Ended December 31, 2020 Sales $225,000 Cost of goods sold (150,750) Gross Profit $74,250 Operating expenses: Salaries $11,250 Depreciation expense 4,500 Miscellaneous 2,250 (18,000) Net Income $56,250 B291/THE-Final 4 of 10 2020-2021/Spring Orange Company Balance Sheet at 31st December 2020 2020 2019 Cash $20,000 $10,000 Account receivable 4,500 3,600 Inventories 2,000 2,000 Prepaid expenses 6,600 6,500 Furniture 4,000 3,000 Accounts Payable 6,750 5,750 Salaries Payable 12,000 9,000 Short term Bank Loan 2,000 2,500 Required: Prepare the operating activities section of the statement of cash flows using indirect method. (10 Marks)