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Selected information from Crane Ltd's statement of financial position and income statement is as follows:...

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Selected information from Crane Ltd's statement of financial position and income statement is as follows: CRANE LTD. Statement of Financial Position (partial) December 31 2018 2017 Current assets Accounts receivable Inventony Prepaid expenses Current liabilities Accounts payable Income tax payable Accrued liabilities 7.200 $11.200 5,400 4,600 4,800 2,500 3,650 2,000 1.600 600 200 100 loan payable-current portion 5,900 9.200 CRANE LTD Income Statement Year Ended December 31, 2018 Net sales Cost of goods sold Gross profht Operating expenses Income from operations Interest expense Income before income tax Income tax expense Net income 185,000 112,000 73,000 57,000 16,000 2,000 14,000 3,400 10,600 Additional information: 1 The bank loan was issued to finance the purchase of equipment. 2 Operating expenses included depreciation expense of $11,600 and a loss of $ 5,500 on the disposal of equipment. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Show amoun that decrease cash flow with either a -sign e.g. -15,000 or in parenthesis e.g. (15,000).) CRANE LTD Statement of Cash Flows (Partial)-Indirect Method Operating activities Adjustments to reconcile net income to

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