The account balances for the non-cash current assets and current liabilities of Kid-game Software Inc. are as follows: December 31 2020 2019 $126, 000 89,600 53,200 Accounts receivable $103,600 Inventory 117,600 Prepaid expenses 47,600 $268,800 Totals $268,800 $ 84,000 Accounts payable Salaries payable Interest payable $ 64,400 36,400 39,200 25, 200 47,600 $156,800 Totals $140,000 During 2020, Kid-game Software Inc. reported depreciation expense of $56,000. All purchases and sales are on account. Profit for 2020 was $252,000. Required: 1. Prepare the operating activities section of the statement of cash flows using the indirect method. (List any deduction in cash and cash outflows as negative amounts.) KID-GAME SOFTWARE INC. Statement of Cash Flows For Year Ended December 31, 2020 Cash flows from operating activities: Adjustments to reconcile profit to net cash provided by operating activities: