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Kennedy, Inc. reported the following data: Net income $ 1 6 1 , 3 4 0 Depreciation expense 1 3 , 5 3 0 Loss

Kennedy, Inc. reported the following data:
Net income $161,340
Depreciation expense 13,530
Loss on disposal of equipment (11,137)
Gain on sale of building 19,269
Increase in accounts receivable 9,251
Decrease in accounts payable (3,073)
Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash outflows, a decrease in cash, cash payments, or any negative adjustments.
Kennedy, Inc.
Statement of Cash Flow
Cash flows from operating activities:
$- Select -
Adjustments to reconcile net income to net cash flow from operating activities:
- Select -
- Select -
- Select -
Changes in current operating assets and liabilities:
- Select -
- Select -
Net cash flow from operating activities $fill in the blan

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