Acc304 Intermediate Accounting: BE4-14 Net income of Mansfield Company was

Acc304 Intermediate Accounting
BE4-14 Statement of Cash Flows; Indirect Method
Net income of Mansfield Company was $45,000.
The accounting records reveal depreciation expense of $80,000 as well as increases in prepaid rent, salaries payable, and income taxes payable of $60,000, $15,000 and $12,000, respectively.
Required:
Prepare the cash flows from operating activities section of Mansfield's statement of cash flows using the indirect method.
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