Compute Cash From Operating Activity by the indirect method from Income & Balance Sheets Sales Revenue Cost of goods sold 2017 20 Accounts Receivable 55 30 50 200 Cash 70 200 Gross Profit Operating Expenses Depreciation Expense Operating Income Interest Expense Earnings Before Taxes Income Tax Expense Net Income 80 40 10 30 60 200 Inventory Plant Assets Accumulated Dep'n 70) Total Assets Accounts Payable Taxes Payable Long-term Note Common Stock Retained Earnings Total Liab. & Equity 15 50 60 100 40 265 20 40 60 100 70 25 15