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Cash Hows from Uperating Activities-Indirect Methoo Staley Inc. reported the following data: Net income Depreciation expense Loss on disposal of equipment Increase in accounts receivable

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Cash Hows from Uperating Activities-Indirect Methoo Staley Inc. reported the following data: Net income Depreciation expense Loss on disposal of equipment Increase in accounts receivable Increase in accounts payable 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. $488,300 65,800 30,500 26,800 11,500 Staley Inc Statement of Cash Flows (partial Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilties: Net cash flow from operating activities

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