Kingbird Company reported net income of $210,000 for the current year. Depreciation recorded on buildings and equipment amounted to $78,000 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End of Year Beginning of Year Cash $27,000 $15,000 Accounts receivable 21.500 36,000 Inventory 57,000 63,000 Accounts payable 12,200 15,200 Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000)) Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesise.g. (15,000).) KINGBIRD COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to