Cash Flow from Operating Activities (Indirect Method) The Arcadia Company owns no plant assets and had the following income statement for the year: Sales revenue $1,805,000 Cost of goods sold $1,273,000 Wages expense 399,000 Rent expense 79,800 Utilities expense 28,500 1,780,300 Net income $24,700 Additional information about the company includes: End of Year (first number) Beginning of Year (second number) Accounts receivable $121,600 $112,100 Inventory 114,000 163,400 Prepaid rent 15,200 13,300 Accounts payable 41,800 53,200 Wages payable 17,100 11,400 Use the preceding information to calculate the cash flow from operating activities using the indirect method. Remember to use negative signs with your answers when appropriate.