velue: 20.00 points The following information pertains to Peak Heights Company: Income Statement for Current...
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velue: 20.00 points The following information pertains to Peak Heights Company: Income Statement for Current Year Sales Expenses S 86,000 Cost of goods sold Depreciation expense Salaries expense $51,775 7,000 10,400 69,175 $ 16,825 Net income Current year Partial Balance Sheet Accounts receivable Salaries payable Prior year $ 10,300 $ 13,400 9,800 860 13,900 1.690 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: 0
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