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$459.400 Staley Inc. reported the following data: Net income Depreciation expense Lou on disposal of equipment Increase in accounts receivable Increase in accounts payable 53,100
$459.400 Staley Inc. reported the following data: Net income Depreciation expense Lou on disposal of equipment Increase in accounts receivable Increase in accounts payable 53,100 32,300 23,900 12,600 Prepare the Cash Pows from Operating activities section of the statement of cash flows, using the Indirect method. Use the minus sign to indicate cath out tows, cash payments, decreases in cath, or any negative adjustments, Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activities: Net Income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Loss on disposal of equipment Changes in current operating assets and liabilities: Increase in accounts receivable Increase in accounts payable Net cash flow from operating activities o
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