Cash Flows from Operating Activities-Indirect Method Staley Inc. reported the following data: Net income $315,900 Depreciation expense 57,000 Loss on disposal of equipment 21,500 Increase in accounts receivable 28,700 Increase in accounts payable 10,100 Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: O II OO Changes in current operating assets and liabilities: Net cash flow from operating activities O