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 Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to in outflows, a decrease in cash, cash payments, or any negative adjustments. Cash flows from operating activities: $177,940 12,563 (8,809) 20,813 9,105 (2,929) Kennedy, Inc. Statement of Cash Flow Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities:

Kennedy, Inc. reported the following data: Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to outflows, a decrease in cash, cash payments, or any negative adjustments. Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus slgn to indicate cash outflows, a decrease in cash, cash payments, or any negative adjustments