Question 4 The income statement and other selected data for Pat Gibson Company is shown below: Pat Gibson Company Income Statement For the Year Ended December 31, 2019 Net sales $900.000 Expenses Cost of goods sold (663,000) Pepreciation Expenses (20,000) Income before income taxes $217,000 ncome taxes (Paid) (65,400) Net income SEKSOLO Clarification and additional data 1 . : 1. Depreciation Expense for the Year Ended December 31, 2019, $20,000. 2. Decrease in deferred income taxes (Income tax payable), $5,000. 3. Increase in accounts receivable, $20,000. 4. Increase in accounts payable, $10,000. 5. Increase in inventories, $30,000. (6. Decrease in notes payable, $20,000. 4 Required Prepare cash flow from Operating activities section of Cash flow Statement for the year 2019