mework, Assignment $12($i$)$

$\backslash$table$[[$Net sales,$],[$Expenses:$,$$$295,000],[$Cost of goods sold,$],[$Operating expenses,$],[$Depreciation expense,$],[$Incone tax expense,$],[$Total expenses,$257,000],[$Net incone,$ $38,000],[$AVATAR TECHNOLOGIES Selected Balance Sheet Data December $31,2024,$ compared to December $31,2023],[$Decrease in accounts receivable,$ $5,000],[$Increase in inventory,$12,00$e$],[$Decrease in prepaid rent,$8,{?}^8],[$Increase in salaries payable,$4,000],[$Decrease in accounts payable,$7,0\%0],[$Increase in income tax payable,$16,800]]$

Required:

Prepare the operating activities section of the statement of cash flows for Avatar Technologles using the indirect method. $($Amounts to be deducted should be indicated with a minus sign.$)$

$\backslash$table$[[$AVATAR TECHNOLOGIES$],[$Statement of Cash Flows$],[$For the Year Ended December $31,2024],[$Cash Flows from Operating Activises:,,$],[,,],[$Adjustments to reconcile net income to net cash flows lrom operating activities,,$],[,,],[,,],[,,],[,,],[,,],[,,],[,,]]$