Operating Cash Flows: Indirect Method instructionsAmount Descript tions Statement of Cash Flows - Indirect Method Instructions Swasey Company provided the tollowing partial comparative balance sheets and the income statement for 20x2 Swasey Company Partial Comparative Balance Sheets At December 31. 20X1 and 20x2 20X1 20x2 2 Current Assets s Accounts receivable 4 Inventories 5 Current liabilities 6 Wages payable 755,000.00 687,000.00 05,000.00 325,000.00 705,000.00 680,000.00 Swasey Company Income Statement For the Year Ended December 31, 20x2 1 Revenues 2 Gain on sale of equipment 3 Cost of goods sold 4 Depreciation expense ,300,000.00 110,000.00 (1,930,000.00) (260,000.00) (15,000.00) Interest expense 6 Net income $1,205,000.00 oulflows Reler to the Amount Descriptions list provided for the exact wording of the Compute operating cash lows using the indirect method (Note Use a minus sign to indicate any decreases in cash or cash answer choices for text entries) Swasey Company Statement of Cash Flows Year Ending December 31, 20x2