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Kennedy, Inc, reported the following data: Net income Depreciation expense Loss on disposal of equipment 5189,591 12,641 (11,368) 19,757 8,870 (3,433) Gain on sale of

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Kennedy, Inc, reported the following data: Net income Depreciation expense Loss on disposal of equipment 5189,591 12,641 (11,368) 19,757 8,870 (3,433) Gain on sale of building Increase in accounts recelvable Decrease in accounts payable 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: Not incoime Adjustments to reconcile net income to net cash flaw from operating activities: pepreciation expense Changes in current operating assets and liabilities: Net cash flow from operating activities

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