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Kennedy, Inc. reported the following data: Net income $124,327 14,638 (9,377) Depreciation expense Loss on disposal of equipment Gain on sale of building Increase in

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Kennedy, Inc. reported the following data: Net income $124,327 14,638 (9,377) Depreciation expense Loss on disposal of equipment Gain on sale of building Increase in accounts receivable Decrease in accounts payable 19,238 7,450 (2,631) 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 outfiows, a decrease in cash, cash payments, or any negative adjustments. Kennedy, Inc. Statement of Cash Flow Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current onerntinn Changes in current operating assets and liabilities: Net cash flow from operating activities

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