Operating Activities Section-Indirect Method The following account balances for the noncash current assets and current liabilities of Suffolk Company are available: Accounts receivable Inventory Prepaid rent Totals Accounts payable Income taxes payable Interest payable Totals December 31 2017 2016 $43,330 $35,110 30,260 40,370 16,530 14,650 $90,120 $90,130 $25,770 $19,440 6,160 9,580 14,770 $46,700 11,790 $40,810 Net income for 2017 is $35,590. Depreciation expense is $21,350. Assume that all sales and all purchases are on account. Required: 1. Prepare the Operating Activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash payments, cash outflows, or decreases in cash.