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Kennedy, Inc. reported the following data: Net income $167,366 Depreciation expense 16,969 Loss on disposal of equipment 11,663 Gain on sale of building 18,935 Increase

Kennedy, Inc. reported the following data: Net income $167,366 Depreciation expense 16,969 Loss on disposal of equipment 11,663 Gain on sale of building 18,935 Increase in accounts receivable 7,551 Decrease in accounts payable 2,410 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: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Net cash flow from operating activities

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