Question: points eBookHintPrintReferencesCheck my workCheck My Work button is now enabledItem 2 Important Note! Before you start working on this problem, watch the Hint video. This

points eBookHintPrintReferencesCheck my workCheck My Work button is now enabledItem 2 Important Note! Before you start working on this problem, watch the Hint video. This video shows you exactly how to work this problem. MOSS COMPANY Income Statement For Year Ended December 31, 2021 Sales $ 545,000 Cost of goods sold 343,600 Gross profit 201,400 Operating expenses (excluding depreciation) 125,000 Depreciation expense 42,000 Income before taxes 34,400 Income taxes expense 12,100 Net income $ 22,300 MOSS COMPANY Selected Balance Sheet Information At December 31 2021 2020 Current assets Cash $ 87,650 $ 29,800 Accounts receivable 28,000 38,000 Inventory 63,000 54,700 Current liabilities Accounts payable 36,400 28,700 Income taxes payable 2,350 2,800 Use the information above to calculate cash flows from operating activities using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) points eBookHintPrintReferencesCheck my workCheck My Work button is now enabledItem 2 Important Note! Before you start working on this problem, watch the Hint video. This video shows you exactly how to work this problem. MOSS COMPANY Income Statement For Year Ended December 31, 2021 Sales $ 545,000 Cost of goods sold 343,600 Gross profit 201,400 Operating expenses (excluding depreciation) 125,000 Depreciation expense 42,000 Income before taxes 34,400 Income taxes expense 12,100 Net income $ 22,300 MOSS COMPANY Selected Balance Sheet In

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