Cash Flows from operating activities -indirect method

The net income reported on the income statement for the current year was 185000 depreciation recorded on equipment and a building amounted to 96000 for the year. Balances of the current asset and current liability account at the beginning and end of the year are as follows:

End of Year Beginning of Year

Cash 75,900 86150

Accts receivable 84550 90000

Inventories 186200 175000

prepaid expenses 3600 4500

Accounts Payable 91500 110000

Salaries Payable 7200 4000

A. Prepare the cash flows from operating activities section of the statement of cash flows, using the indirect method

B. If the direct method had been used, would the net cash flow from operating activities have been the same? Explain.