Question Completion Status QUESTION 9 Use the following information to prepare the operating activities section of the statement of cash flows using the indirect method

Question Completion Status QUESTION 9 Use the following information to prepare the operating activities section of the statement of cash flows using the indirect method. 10 points Seved Wonder Company Income Statement For Year Ended December 31, 2019 Balance Sales 90.000 Cost of goods sold 2.000 December 31, 2019 December 31, 2018 Gross profit from sales 38.000 Accounts receivable 13.800 12.000 Merchandise inventory 11.150 10.000 Operating expenses Salaries expense Depreciation expense Rent expense Interest expense income from operations LOSS on sale of land Net income 12.500 3.500 3,600 950 2 Prepaid rent 275 200 20.550 17.450 Accounts payale 15.700 13.550 13,000 Salaries payable 5.200 4.500 interest payable 150 125 For the toolbar.press. ALT+F10 POORALT PN-F10 (Mach.