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5 value: 2.00 points The following information pertains to Peak Heights Company: Income...

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Accounting

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5 value: 2.00 points The following information pertains to Peak Heights Company: Income Statement for Current Year Sales $85,500 Cost of goods sold Depreciation expense Salaries expense $ 51,775 7,900 11,300 70,975 S 14,525 Net income Current Prior year Partial Balance Sheet year Accounts receivable Inventory Salaries payable 10,900 S 12,500 8,700 840 13,200 1,630 Required Present the operating activities section of the statement of cash flows for Peak Heights Company using the indirect method. (List cash outflows as negative amounts.) PEAK HEIGHTS COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities

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