Cash flows from operating activities for both the indirect and direct methods are presented for Reverse Logic. All amounts are in thousands (000s). Cash Flows from Operating Activities (Indirect method) Net income Adjustments to reconcile net income to net cash flows from operating activities: Depreciation expense Increase in accounts receivable 173 61 (37) Decrease in inventory Increase in prepaid rent Decrease in accounts payable Decrease in income tax payable 49 (4) (12) (8) Net cash flows from operating activities Cash Flows from Operating Activities (Direct method) 222 Cash received from custamers 4,065 ab to supp g expenses 161 (1, id Cash paid for income taxes Net cash flows fram operating activities (97) 222 Required: Complete the following income statement for Reverse Logic. Assume all accounts payable are to suppliers. (Enter your answers in thousands (i.e., 10,000,000 should be entered as "10,000).) REVERSE LOGIC Income Statement For the Year Ended December 31, 2021 Net sales Expenses: Cost of goods sold Operating expenses Depreciation expense 61 Income tax expense Total expenses Net income 173