Exercise 12-2 Indirect: Reporting cash flows from operations LO P2 Hampton Company reports the following information for its recent calendar year. Income Statement Data Selected YearEnd Balance Sheet Data Sales $72,000 Accounts receivable increase $5,000 Expenses: Inventory decrease 3,000 Cost of goods sold 33,000 Salaries payable increase 900 Salaries expense 10,000 Depreciation expense 7,000 Net income $17.000 Required: Prepare the operating activities section of the statement of cash ows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities _