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Exercise 12-6 Indirect: Cash flow from operations LO P2 Salud Company reports the following information. Use the indirect method to prepare only the operating activities

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Exercise 12-6 Indirect: Cash flow from operations LO P2 Salud Company reports the following information. Use the indirect method to prepare only the operating activities section of its statement of cash flows for the year ended December 31, 2015. (Amounts to be deducted should be indicated with a minus sign.) Selected 2015 Income Statement Data Selected Year-End 2015 Balance Sheet Data Net income Depreciation expense Gain on sale of machinery $430,000 Accounts receivable increase 100,000 Prepaid expenses decrease 25,100Accounts payable increase $53,600 12,000 7,400 3,900 Wages payable decrease. Cash flows from operating activities Net income Adjustments to reconcile net income to operating cash flow Depreciation 0

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