Cash fows from (used foc) operating activitiet-indirect method The net Income reported on the income statement for the current year was $144,900, bepreciation recorded on store equipment for the year amounted to $23,900 Balances of the current asset and current lablity accounts at the beginning and end of the year are as follows: a. Prepare the "Cash flows from (used for) operating activitses" section of the statement of cash fows, using the indrect method. Use the minus sign to indicate eash outhows, cash payments, decreases in cash, or any negative adjustments. b. Cash fows from operating activities differs from net income because it does not use the the income statement when of accounting. For example revenues are recorded on