Instructions Demers Inc. reported the following data: $490.000 52.000 Net income Depreciation expense Gain on disposal of equipment Decrease in accounts receivable Decrease in accounts payable 26.500 32.400 12.350 Prepare the Cash Flows from Operating Activities section of the statement of cash flows using the indirect method. Refer to 1 Amount Description ist provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, required structions Amount Descriptions Amount Descriptions Amortization of intangible assets Decrease in accounts payable Decrease in accounts receivable Depreciation expense Gain on disposal of equipment Net cash flow from operating activities Net cash flow used for operating activities Pr! Net income of Net loss Statement of Cash Flows-Operating Activities Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Refer to the Amount Descriptions ist provided for the exact wonding of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments required Demers Inc Statement of Cash Flows (partial) 1 Cash flows from operating activities 2 1 Adjustments to reconcile net income to net cash flow from operating activities: A 5 4 Changes in current operating assets and liabilities 2