mounts complete statement cash flows; report its operating activities using the indirect method of to deducted should be indicated with a Answer is not complete FORTEN MPAA Statement of Cash Flows For Year Ended December 31, 2013 Cash flows from operating activities Net Income 117.250 Adjustments to reconcile net income to net cash provided by operations Depreciation expense 18,600 Loss on disposal of equipment 4, 150 Accounts receivable increase (15.200) Inventory increase (25.606. Prepaid expense decrease 430 Accounts payable decrease (49.625) (117,250)X (67.251) Cash paid for equipment (86.200)X Cash received from sale of equipment 14,400 Net cash used in investing activities (71.800) Cash flows from financing activities Cash received from issuing stock 42.000 Notes payable long-term decrease Cash paid for dividends (47.400)V Cash borrowed on short-term note 2.600 Net increase (decrease) in cash (142,976) Cash balance at beginning of year 65.000 Cash balance at end of year (7.976)