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Following are the income statement and some additional information for Carolina Consulting Company. All sales were on credit and accounts receivable decreased by $1,050 in 2021 compared to 2020 . Merchandise purchases were on credit with a decrease in accounts payable of $850 during the year. Ending inventory was $650 larger than beginning inventory. Income taxes payable increased $450 during the year. All operating expenses were paid for in cash. Required: Prepare the cash flows from operating activities section of the statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) All sales were on credit and accounts receivable decreased by $1,0 ? credit with a decrease in accounts payable of $850 during the year. Income taxes payable increased $450 during the year. All operating Required: Prepare the cash flows from operating activities section of the statem deducted should be indicated with a minus sign.)