Information from Minor Company's income statement for the year ended December 31, 2019 is shown below....

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Information from Minor Company's income statement for the year ended December 31, 2019 is shown below. Additional information from Minor Company's comparative balance sheet is also shown below. Sales.... $248,000 118,000 Cost of Goods Sold..... Gross Profit...... $130,000 Wages and Salaries Expense..... 48,000 Depreciation Expense.... EEEEE Other Operating Expenses.... Income from Operations....... Gain on Sale of Equipment..... Income before Income Taxes...... Income Tax Expense..... ******* Net Income... **** COECHEEKS ************ ..30,000 24,000 $ 28,000 8,000 ...$ 36,000 ****** KERK 12,000 Additional Information: Increase in Accounts Receivable..... Decrease in Merchandise Inventory... Decrease in Prepaid Insurance..... Increase in Accounts Payable........ Decrease in Taxes Payable...... Decrease in Long-Term Notes Payable.... 20,000 **** Required: Based on the information provided, calculate Minor Company's net cash provided by operating activities using the indirect method. Do NOT prepare the entire statement of cash flows. Show all of your calculations. (10 points possible) $ 4,000 14,000 10,000 .16,000 .2,000 Information from Minor Company's income statement for the year ended December 31, 2019 is shown below. Additional information from Minor Company's comparative balance sheet is also shown below. Sales.... $248,000 118,000 Cost of Goods Sold..... Gross Profit...... $130,000 Wages and Salaries Expense..... 48,000 Depreciation Expense.... EEEEE Other Operating Expenses.... Income from Operations....... Gain on Sale of Equipment..... Income before Income Taxes...... Income Tax Expense..... ******* Net Income... **** COECHEEKS ************ ..30,000 24,000 $ 28,000 8,000 ...$ 36,000 ****** KERK 12,000 Additional Information: Increase in Accounts Receivable..... Decrease in Merchandise Inventory... Decrease in Prepaid Insurance..... Increase in Accounts Payable........ Decrease in Taxes Payable...... Decrease in Long-Term Notes Payable.... 20,000 **** Required: Based on the information provided, calculate Minor Company's net cash provided by operating activities using the indirect method. Do NOT prepare the entire statement of cash flows. Show all of your calculations. (10 points possible) $ 4,000 14,000 10,000 .16,000 .2,000