Use the indirect method to prepare the cash provided or used from operating activities section only of the statement of cash flows for this company.

A comparative balance sheet and income statement is shown for Cruz, CRUZ, INC Comparative Balance Sheets December 31, 2017 2017 2016 Assets Cash Accounts receivable, net Inventory Prepaid expenses Total current assets Furniture Accum. depreciation-Furniture Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long-term) Total liabilities Equity Common stock, $5 par value Retained earnings Total liabilities and equity $ 90,700 38,900 81,300 5,100 216,000 102,900 (15,900) 22,700 48,100 90,300 4,100 165,200 116,200 (8,800) $303,000 $272,600 $ 14,300 $ 20,000 4,600 2,500 27,100 66,300 93,400 8,500 1,400 24,200 28,800 53,000 171,900 7,300 $303,000 $272,600 215,100 34,900