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Cashows from Operating Active-rect Method The net income reported on the income statement for the current your was $117.400 Depreciation recorded on store opment for the year mounted ta $19.400 Balances of the current and current ability accounts at the beginning and end of the year are as follows: End of Year Beginning of Year Cash 345.610 542,420 Accounts receivable (net) 33,420 31,350 Inventories 45.630 47,720 Prepaid expenses 5,130 4,030 Accounts payable (merchandise creditors) 43,670 40,130 Wages payable 23,660 26.220 a. Prepare the cash flows from operating activities section of the statement of cashows, using the indirect method. Use the mission to indicate cash flows, cash payments, decreases in cash, or any negative adjustments Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to net cash flow from operating Changes in current operating assets and lates Depreciation Increase in accounts receivable Increase in inventories Increase in wages payable Do ul Met cash flow from operating te . Cash flows from operating at differs from netcombeve does not use the of accounting for ones are recorded on the men when