1. Kennedy, Inc., reported the following data:

   Net income	$126,474
   Depreciation expense	14,614
   Loss on disposal of equipment	(9,516)
   Gain on sale of building	18,571
   Increase in accounts receivable	7,019
   Decrease in accounts payable	(2,189)

   Prepare the 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 Flows
   Cash flows from (used for) operating activities:
   	$fill in the blank 2
   Adjustments to reconcile net income to net cash flows from (used for) operating activities:
   	fill in the blank 4
   	fill in the blank 6
   	fill in the blank 8
   Changes in current operating assets and liabilities:
   	fill in the blank 10
   	fill in the blank 12
   		$fill in the blank 14