Question: Partial balance sheets and additional Information are listed below for Sowell Company. Sowell Company Partial Balance Sheets as of December 31 Assets Cash Accounts

Partial balance sheets and additional Information are listed below for Sowell Company. Sowell Company Partial Balance Sheets as of December 31 Assets Cash Accounts receivable Inventory Liabilities Accounts payable 2024 2023 $ 43,000 72,700 43,000 $ 22,700 88,000 37,700 $ 56,700 $ 65,000 Additional Information for 2024: Net Income was $91,000. Depreciation expense was $20,500. Required: Prepare the operating activities section of the statement of cash flows for 2024 using the Indirect method. Note: Amounts to be deducted should be Indicated with a minus sign. Cash flows from operating activities: Adjustment for noncash effects: Changes in operating assets and liabilities: Net cash flows from operating activities

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