Concord Company reported net income of $265.800 for 2020. Concord also reported depreciation expense of $45,400 and a loss of $8,400 on the sale of equipment. The comparative balance sheet shows a decrease in accounts receivable of $15,400 for the year, a $17.400 increase in accounts payable, and a $6,400 decrease in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2020. Use the indirect method. (Show amounts that decrease cash flow with either a - signes -15,000 or in parenthesis eg. (15,000).) CONCORD COMPANY Partial Statement of Cash Flows For the Year Ended December 31, 2020 Cash flows from operating activities 265800 Net Cash Used by Operating Activities Adjustments to reconcile net income to Soepreciation Expense