Function: SUM; Formula: Subtract; Cell Referencing Using Excel to Prepare the Cash Flows from Operating Activities Section of the Statement of Cash Flows Using the Direct Method PROBLEM Amounts from Turcotte Limited's accounting records for 2023 are shown here: Net income Increase in Accounts Receivable Increase in Accounts Payable Sales Cost of goods sold Salaries and wages Depreciation expense Income tax expense Student Work Area Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. Prepare the cash flows from operating activities section of the statement of cash flows using the direct method. $160,000 18,000 7,000 625,000 205,000 165,000 45,000 50,000