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Lily Company reported net income of $181.000 tor the current year, Depreciation recorded em building ardequipment amounted to $81. 600 for the yean Balances of

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Lily Company reported net income of $181.000 tor the current year, Depreciation recorded em building ardequipment amounted to \$81. 600 for the yean Balances of tho ourrent asset and eurrent kability aceounts at the beginning and ens of the year are an follown? Prepare the cash flows from the aperatine activities section of the atatement of canh flows uning the indirect method. Show amsunts that decrnese cash flow with elther a - sign es - 15,000 or in porenthesir est (15.000)\} Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method. (Sh that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis eg. (15,000).)

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