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Kennedy, Inc, reported the following data: Required: Prepare the Cash flows from operating activities section of the statement of cash flows using the indirect method.

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Kennedy, Inc, reported the following data: Required: Prepare the Cash flows from operating activities section of the statement of cash flows using the indirect method. Refer to the fist of Amount Descriptions for the exact wording of the answer choices for fext entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required. cash flows using the indirect method. choices for text entries. Use the minus y adjustments, if required. Instructions Statement of Cash Flows-Operating Activities Propare the Cash flows from operating activities section of the statement of cash flows using the indirect method. Refer to the list of Amount Descriptions for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required. Statement of Cash Flows (partial) 1 Cash flows from operating activities: 2 Adjustments to reconcile net income to net cash flow from operating activities: 4 5 6 7 Changes in current operating assets and liabilities: 8 9 10

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