E12-6 Preparing and Evaluating a Simple Statement of Cash Flows (Indirect Method) (LO 12-2, LO 12-5] Suppose your company reports $235 of net income and $55 of cash dividends paid, and its comparative balance sheet indicates the following Ending $ 280 250 210 Beginning $ 50 150 320 $520 $ 25 175 320 $520 Cash Accounts Receivable Inventory Total Salaries and Wages Payable Common Stock Retained Earnings Total $740 $125 115 500 $740 Required: 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Net Income Increase in Accounts Receivable Decrease in Inventory Increase in Salaries and Wages Payable Dividends paid Net Cash Flow from Operating Activities