please help me get the answer due tonight :(
Required information 6 A comparative balance sheet and income statement is shown for Cruz, Inc. CRUZ, INC. Comparative Balance Sheets December 31, 2017 2016 2017 Assets $ 24,000 51,000 95,800 4,200 175,000 119,000 $94,800 Cash 41,000 85,800 5,400 227,000 109,000 Accounts receivable, net Inventory Prepaid expenses Total current assets Furniture Accum. depreciation- (9,000) (17,000) Furniture $319,000 $285,000 Total assets Liabilities and Equity $ 21,000 5,000 2,600 S 15,000 9,000 1,400 Accounts payable Wages payable Income taxes payable Total current 28,600 25,400 liabilities Notes payable (long- 69,000 29,000 term) Total liabilities 54,400 97,600 Equity Common stock, $5 par value 229,000 179,000 35,600 8,400 Retained earnings Total liabilities and $319,000 $285,000 equity CRUZ, INC. Income Statement For Year Ended December 31, 2017 Sales $488,000 Cost of goods 314,000 sold Gross profit Operating expenses 174,000 Depreciation $37,600 expense Other expenses 89,100 126,700 Income before 47,30ת taxes Income taxes 17,300 expense Net income 30,000 Required: Use the indirect method to prepare the cash provided or used from operating activities section only of the statement of cash flows for this company. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from operating activities Adjustments to reconcile net income to operating cash flow Income statement items not affecting cash Changes in current operating assets and liabilities