eStaley Inc. reported the following data:

Net income

$$402,200$

$59,900$

$34,700$

$10,600$

$12,600$

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.

Staley Inc.

Statement of Cash Flows $($partial$)$

Cash flows from operating activities:

Adjustments to reconcile net income to net cash flow from operating activities:

Loss $on$ disposal $of$ equipment $$

Changes in current operating assets and liabilities:

Increase in accounts payable $$

Net cash flow from operating activities