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 Year-End balance sheet Data Sales $74,000 Accounts receivable increase $5,000 Expenses Inventory decrease 3,000 Cost of goods sold 41,000 Salaries payable increase 700 Salaries expense 9.000 Depreciation expense 5,000 Net Income $19.000 Required: 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.) es Statement of Cash Flows (partial) Cash flows from operating activities $ 0