Determining Cash Flows from (Used for) Operating Activities

Yeoman Inc. reported the following data:

Net income	$389,200
Depreciation expense	62,600
Loss on disposal of equipment	28,400
Increase in accounts receivable	25,900
Increase in accounts payable	11,900

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.

Yeoman Inc. Statement of Cash Flows (partial) 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