Check m Hampton Company reports the following information for its recent calendar year. Income Statement Data Sales Expenses: Cost of goods sold Salaries expense Depreciation expense Selected Year-End...

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Extracted text: Check m Hampton Company reports the following information for its recent calendar year. Income Statement Data Sales Expenses: Cost of goods sold Salaries expense Depreciation expense Selected Year-End Balance Sheet Data Accounts receivable increase $77,000 Inventory decrease Salaries payable increase $5,000 3,000 600 38,000 8,000 6,000 Net income $25,000 Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) hces Statement of Cash Flows (partial) Cash flows from operating activities %24 < prev="" 3="" of="" 10="" next="">