LIB 101-Video Corporation’s balance sheet revealed

Indirect calculation of operating cash flowsVideo Corporation’s balance sheet revealed the following account balance information:AccountDec. 31, 20X6Dec. 31, 20X5Accounts receivable$52,000$57,000Merchandise inventory75,00068,000Accounts payable22,00019,500The accrual-basis net income was $109,000. In computing net income, the company recorded $13,600 of depreciation expense; there were no gains or losses from investing and financing activities.On the basis of the preceding information, calculate Video’s cash flows from operating activities by using the indirect method.Net Income?Accounts receivable?Inventory?Accounts Payable?Depreciation?Cash flow from operating activities?