Cash Flows from (used for) Operating Activities-Direct Method The income statement for Stallion Company for the current year ended lune 30 and balances of selected accounts at the beginning and end of the are as follows: Prepare the Cash Flows from (used for) Operating Activitles section of the statement of cash flows, uning the direct method. Use the minus slon to indicate cash outflows, cash payments, decreases in cash, of any negative adlustments