Check my work 2 E12-7 (Algo) Reporting Cash Flows from Operating Activities (Indirect Method) LO12-2 20 points The following information pertains to Peak Heights Company: eBook Income Statement for Current Year Sales $ 85,600 Expenses Cost of goods sold $51,675 Depreciation expense 8,400 Salaries expense 11,200 71,275 Net income $ 14,325 Hint Print References Partial Balance Sheet Accounts receivable Inventory Salaries payable Current Prior year year $10,100 $ 14,000 13,600 1,610 910 8,500 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.) Check my work ACcounts receivable 2. Inventory Salaries payable PIU, IVU 13,600 1,610 14, VVU 8,500 910 20 points 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.) eBook Hint PEAK HEIGHTS COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities: Print References