Entity B reported net income of $8,000 for the current year. Depreciation recorded on buildings and equipment amounted to $56,000 for the year. Balances of needed current asset and current liability accounts at the beginning and end of the year are as follows. Be sure to compute the change. End of Year Beginning of Year Change Accounts receivable 55,000 85,000 30,000 dec Inventory 19,000 15,000 Prepaid insurance 6,000 0 Accounts payable 12,000 14,000 Taxes payable 14,500 8,000 Also, a loss on the sale of aircraft equipment of $7,500 was reported. Instructions: Compute the changes in the accounts for each year and then prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method. Net income Adjustments to reconcile net income to cash flow from operating activities: 8,000