Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Revenues Expenses: Salaries expense Utilities expense Depreciation expense Interest expense Net loss Selected Year-End Balance Sheet Data $ 120,000 Accounts receivable decrease Purchased a machine for cash 68,000 Salaries payable increase 33,000 Interest payable decrease 30,400 6,700 $ (18,100) $ 27,000 21,000 28,000 13,000 Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities-indirect method Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities- $ 0 < Prev 24 of 24 Next