10 3 points E12-10 (Algo) Reporting and Interpreting Cash Flows from Operating Activities with Loss on Sale of Equipment (Indirect Method) LO12-2 Parra Company completed its income statement and comparative balance sheet for the current year and provided the following information: Income Statement eBook Service revenue Expenses: Hint Salaries Depreciation Utilities Loss on sale of equipment Net income References $ 67,300 $ 41,700 7,200 5,000 900 54,800 $ 12,500 Partial Balance Current Prior Sheet Accounts receivable Year $ Year $ 13,400 24,400 Salaries payable 19,900 10,400 Other accrued liabilities 6,600 9,000 50,900 58,500 Land Required: Present the operating activities section of the statement of cash flows for Parra Company using the indirect method. Note: List cash outflows as negative amounts. PARRA COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities: