Cash Flows from (Used for) Operating Activities The net income reported on the income statement for the current year was $73,600. Depreciation recorded on store equipment for the year amounted to 527,400 . Baiances of the current asset and current llability accounts at the beginning and end of the year are as follows: a. Prepare the Cash Flows from (used for) Operating Activites section of the statement of cath flomb, wsing the indirect method. Use the minus sign to indicate cash outnows, cash poyments, decreases in cash, or any negative adjustments. a. Prepare the Cash Flows from (used for) Operating Mctivides section of the statement of cash flomin, using the indirect method, Use thetinus sign to indicate cash outfioms, cash payments, decreases in cash, or any negative adjustments. Statement of Cash Flows (partial) b. Cosh flows from operating activikies differ from net incame because it does not use the of accounting. For example revenues are recorded on the income statement when