Cash flows from (used for) operating sctivities-indirect method The net income reported on the income statement for the current year was $146,500. Depreciation recorded on store equipment for the year amounted to $24,200. Balances of the current asset and current liablity accounts at the beginning and end of the year are as follows: a. Prepare the "Cash fiows from (used for) operating activities" section of the statement of cash flows, using the Indirect method. Use the minus sign to indicate cesh outfiows, cesh payments, decreases in cash, or any negative odjustments. Statement of Cash Flows (partial) Line Item Description Cesh flows from (used for) operating activities: Amount Amount Adjustmenta to reconcile not income to net cash flows from (used for) operating actovities: Changes in current operating assets and liabilities