innovations Corporation is preparing its staiement of cash flows for the past year. The company has gathered the following inforritation about the past year just ended on December 31 (Cick the icon lo viow the data.) Requirement Propare a statement of cash fiows for the past year using the indirect meihod: Prepare the statement one section at a tirne. (Use parentheses or a minus sign for numbers to be-subtracted or for a not cash outllow.) Data table Decrease in accounts payable ln1 Decrease in accounts receivable PrR Decrease in inventory Decrease in other short-term liabilities Depreciation expense Increase in accounts payable Increase in interest payable Increase in prepaid insurance Increase in salaries payable Depreciation expense Increase in accounts payable Increase in interest payable Increase in prepaid insurance Increase in salaries payable Increase in taxes payable Net income Payment of dividends Proceeds from sale of land