Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Revenues $100,000 Expenses: Salaries expense 74,000 Utilities expense 31,000 Depreciation expense 28,200 Other expenses 6,600 Net loss $(39,500) Selected Year-End Balance Sheet Data Accounts receivable decrease $28,eee Purchased a machine for cash 18,000 Salaries payable increase 28,880 Other accrued liabilities decrease 17,000 Prepare the operating activities section of the statement of cash flows using the indirect method. (Any loss or amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Net income Depreciation expense Accounts receivable decrease Salaries payable Increase Accrued liabilities decrease 28 200 28.000 28.000 17.000 $ 101200 Proy 1 of 2 Next >