Hardware Suppliers reports net income of $157,000. Included in net income is a gain on the sale of land of $16,0oc comparison of this year's and last year's balance sheets reveals an increase in accounts receivable of $27,000, an increase in inventory of $16,000, and a decrease in accounts payable of $47000. Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (List cash outflow and any decrease in cash as negative amounts.) 6:42 HARDWARE SUPPLIERS k Statement of Cash Flows (partial) Cash flows from operating activities: Adjustments to reconcile net income to net cash flows from operating activities: nces Net cash flows from operating activities