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Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Selected Year-End Balance Sheet Data Revenues $ 80,000 Accounts receivable decrease

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Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Selected Year-End Balance Sheet Data Revenues $ 80,000 Accounts receivable decrease Expenses Purchased a machine for cash Salaries expense 72,000 Salaries payable increase Utilities expense 30,000 Interest payable decrease Depreciation expense 29.000 Interest expense 6,700 Net loss $ (57,700) $ 25,000 18,000 23.000 14,000 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 reconcle net income to net cash provided by operating activities Income statement tems not affecting cash Changes in current operating assets and liabilities

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