Retzlaff Company's income statement contained the condensed information below.
![](https://www.solutioninn.com/images3/48-B-A-B-S-C-F%20(279)-1.PNG)
Retzlaff's balance sheet contained the comparative data at December 31.
![](https://www.solutioninn.com/images3/48-B-A-B-S-C-F%20(279)-2.PNG)
Accounts payable pertain to operating expenses.
Instructions
Prepare the operating activities section of the statement of cash flows using the indirectmethod.