Net income of Trout Company was $49,000. The accounting records reveal depreciation expense of $84,000 as well as increases in prepaid rent, salaries payable, and income taxes payable of $64,000, $27,000, and $24,000, respectively. Prepare the cash flows from operating activities section of Trout's statement of cash flows using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign. Cash flows from operating activities: Adjustments for noncash effects: Changes in operating assets and liabilities: Net cash inflows from operating activities

Net income of Trout Company was $49,000. The accounting records reveal depreciation expense of $84,000 as well as increases in prepaid rent, salaries payable, and income taxes payable of $64,000,$27,000, and $24,000, respectively. Prepare the cash flows from operating activities section of Trout's statement of cash flows using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign