prepare cash flow statemnt using indirect method

WILDHORSE LTD. Income Statement Year Ended November 30, 2024 Sales $966,960 Cost of goods sold Gross profit 467,160499,800 Operating expenses Depreciation expense Gain on sale of equipment Profit before income tax Income tax expense Profit for the year Changes in current assets and current liabilities were as follows: Accounts receivable Inventory Prepaid expenses Accounts payable Dividends payable Income tax payable $316,200 51,000 110,160(10,200) 30,600 $79,560 $36,720 decrease 19,380 increase 2,040 increase 12,240 decrease 5,100 decrease 4,080 decrease Prepare the operating activities section of the cash flow statement using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).)