Problem 1 (20 Points) Presented below is the income statement of Mets, Inc.: Sales revenue $380,000 225,000 Cost of goods sold Gross profit $155,000 95.000 Operating expenses Income before income taxes Income taxes 60,000 24,000 S 36.000 Net income In addition, the following information related to net changes in working capital is presented: Cash increased $12,000 Accounts receivable increased 25,000 Inventories decreased Salaries payable (operating expenses) decreased $19.400 8,000 14,000 3.000 Accounts payable increased Income taxes payable decreased The company also indicates that depreciation expense for the year was $16,700, Instructions Prepare a schedule computing the net cash flow from operating activities that would be shown on a statement of cash flows using the indirect method