Use Amulis Corp's Income Statement and Balance Sheet Information to Calculate

Use Amulis Corp's income statement and balance sheet information to calculate the net cash provided by operating activities,using the:(a)Direct Method (b)Indirect Method
Amulis Corp.
Income Statement
For the Year Ended December 31, 2021
$\begin{array}{|l|r|r|}\hline & \mathbf{2 0 2 1} & \mathbf{2 0 2 0} \\\hline \text { Sales (all on credit) } & & \$ 227,000 \\\hline \text { Cost of goods sold } & & 70,000 \\\hline \text { Gross profit from sales } & & 157,000 \\\hline \text { Depreciation expense } & 6,000 \\\hline \text { Other operating expenses } & 108,000 \\\hline \text { Income tax expense } & 22,200 &136,200\\\hline \text { Operating income } & & \$ 20,800 \\\hline \text { Gain on sale of equipment } & & 8,100 \\\hline \text { Profit } & & \$ 28,900\\\hline\end{array}$ $\begin{array}{|l|r|r|}\hline & \mathbf{2 0 2 1} & \mathbf{2 0 2 0} \\\hline \text { Cash } & 25,000 & 23,400 \\\hline \text { Accounts receivable } & 62,000 & 67,000 \\\hline \text { Merchandise inventory } & 193,000 & 181,000 \\\hline \text { Long-term investments } & 25,000 & 4,000 \\\hline \text { Equipment } & 452,000 & 412,00 \\\hline \text { Accumulated depreciation, equipment } & 233,000 & 189,000\\\hline&524,000&498,400\\\hline\\\hline \text { Accounts payable } & 27,200 & 22,000 \\\hline \text { Income taxes payable } & 1,800 & 7,800 \\\hline \text { Bonds Payable } & 8,000 & 11,000 \\\hline \text { Common shares } & 221,000 & 252,000 \\\hline \text { Retained earnings } & 266,000 & 205,600 \\\hline & 524,000 & 498,400 \\\hline\end{array}$ Calculate net cash provided by operating activities under the indirect and direct methods