Exercise 14-2A (Algo) Use the indirect method to determine cash flows from operating activities LO 14-1 Fanning Incorporated presents its statement of cash fiows using the indirect method. The following accounts and corresponding balances were drawn from the company's Year 2 and Year 1 year-end balance sheets, The Year 2 income statement showed net income of $26,400. Required Prepare the operating activities section of the statement of cash flows. Note: Amounts to be deducted should be indicated with minus sign