Presented below is the income statement of Cowan, Inc.: Sales revenue $372,700 Cost of goods sold 221,800 Gross profit $150,900 Operating expenses 80,800 Income before income taxes 70,100 Income taxes 26,900 Net income $ 43,200 In addition, the following information related to net changes in working capital is presented: Debit Credit Cash $14,100 Accounts receivable 22,000 Inventories $18,600 Salaries payable (operating expenses) 8,700 Accounts payable 13,700 Income taxes payable 2,700 The company also indicates that depreciation expense for the year was $16,700 and that the deferred tax liability account increased $4,200. Prepare a schedule computing the net cash flow from operating activities by using the indirect method that would be shown on a statement of cash flows.(Show amounts that decrease cash flow with either a - sign e.g. -10,000 or in parenthesis e.g. (10,000).) Cowan, Inc. Statement of Cash Flows (Partial) (Indirect Method) $ Adjustments to reconcile net income to $ $ Prepare a schedule computing the net cash flow from operating activities by using the direct method that would be shown on a statement of cash flows. Cowan, Inc. Statement of Cash Flows (Partial) Direct Method $ $ $