QuestionE17-5 (LO 2), Ap The current sections of Sunn Inc.'s balance sheets at December 31, 2021 and 2022, are presented here. Sunn's net income for 2022 was $\$ 153,000$. Depreciation expense was $\$ 27,000$. \begin{tabular}{|c|c|c|} \hline & 2022 & 2021 \\ \hline \multicolumn{3}{|l|}{Current assets} \\ \hline Cash & \$105,000 & \$99,000 \\ \hline Accounts receivable & 80,000 & 89,000 \\ \hline Inventory & 168,000 & 172,000 \\ \hline Prepaid expenses & 27,000 & 22,000 \\ \hline Total current assets & \$380,000 & \$382,000 \\ \hline \multicolumn{3}{|l|}{Current liabilities} \\ \hline Accrued expenses payable & \$ 15,000 & \$ 5,000 \\ \hline Accounts payable & 85,000 & 92,000 \\ \hline Total current liabilities & \$100,000 & \$97,000 \\ \hline \end{tabular}
Instructions Prepare the operating activities section of the company's statement of cash flows for the year ended December 31, 2022, using the indirect method. Prepare statement of cash flows-indirect method.