Benton Corporation's current asset and liability balances for the past two years are as follows. Net income for the year was $150,000, depreciation expense was $22,000, and gain on sale of land was $28,000 Prior year Current year Accounts Receivable $80,000 $92.000 Inventory 120,000 110,000 Accounts Payable 35,000 30,000 Accrued Liabilities 12.000 8,000 Using the Indirect method, prepare the cash flows provided by operating activities section of the statement of cash flows. Cash flows from operating activities Net cash by operating activities Benton Corporation's current asset and liability balances for the past two years are as follows. Net income for the year was $150,000, depreciation expense was $22,000, and gain on sale of land was $28,000. Prior year Current year Accounts Receivable $80.000 $92.000 Inventory 120,000 110,000 Accounts Payable 35,000 30,000 Accrued Liabilities 12.000 8.000 Using the indirect method, prepare the cash flows provided by operating activities section of the statement of cash flows. Cash flows from operating activities Net Incotel loss Adjustments to net income Depreciation expense Increase in accounts receivable inces in accrued liabilities Increase in inventory Increase in accounts payable Decrease in inventory Decrease in accounts payable Decrease in accounts receive Decrease in accredits Gain on sale of land Lors on sale of land Net cash by operating activities