please show work and formulas for each answer. please put in excel format.

E12-21 (Algo) (Supplement A) Reporting Cash Flows from Operating Activities from an Analyst's Perspective (Direct Method) The following information pertains to Peak Heights Company: Income Statement for Current Year Sales $ 85,482 Expenses Cost of goods sold Depreciation expense Salaries expense Net income $51,875 8,200 10,200 70,275 $ 15,125 Partial Balance Sheet Accounts receivable Inventory Salaries payable Current Prior year year $10,200 $ 14,188 13,40 8,5ee 1,640 840 Required: Present the operating activities section of the statement of cash flows for Peak Heights Company using the direct method. (List cash outflows as negative amounts.) PEAK HEIGHTS COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities: S