Determining Cash Flows from (Used for) Operating Activities

Yeoman Inc. reported the following data:

Net income	$481,500
Depreciation expense	61,500
Loss on disposal of equipment	24,200
Increase in accounts receivable	20,400
Increase in accounts payable	11,800

Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments.

Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flows from (used for) operating activities: Changes in current operating assets and liabilities: Net cash flows from operating activities $