PLEASE FILL IN THE ANSWERS WITH A RED X

Cash flows from (used for) operating activitiesindirect method The net income reported on the income statement for the current year was $278,700. Depreciation recorded on equipment and a building amounted to $83,300 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 $75,250 $79,770 188,130 169,5go Cash Accounts receivable (net) Inventories Prepaid expenses Accounts payable (merchandise creditors) Salaries payable g5,420 10,460 84,050 12,120 98,440 11,250 89,020 11,ogo of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. a. Prepare the "Cash flows from (used for) operating activities" section Statement of Cash Flows (partial) Line Item Description Cash flows from (used for) operating activities: uNet Income Adjustments to reconcile net income to net cash flows from (used for) operating activities: Depreciation Changes in current operating assets and liabilities: Decrease In accounts receiva e Increase In Inventories Amount x x x x x x Amount x