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Kennedy, Inc. reported the following data: Net Income Depreciation expense Loss on disposal of equipment Gain on sale of building Increase in accounts receivable Decrease

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Kennedy, Inc. reported the following data: Net Income Depreciation expense Loss on disposal of equipment Gain on sale of building Increase in accounts receivable Decrease in accounts payable $163,630 14,609 (9,039) 19,859 7,967 (2.271) Prepare the cash flows from operating activites 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 now from operating activities Changes in current operating assets and abilities et cash flow from operating activities

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