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Cash flows from (used for) operating activitues - indirect method The net income reported on the income tatement for the current year was 5154,600 . Deprociation recorded on store equipment for the year amounted to s2.5,500. Balances of the currant asset and current liablity accounta at the beginning and end of the yesr are as followst a. Prepare the "Cosh flows from (used for) operating activities" section of the statement of cath fows, using the indirect method, Use the minus sign to indicate cosh outflows, cash payments, decreases in cash, or any negative adgustments. a. Prepare the "Cash flows from (used for) operating octivities". section of the statement of cash. flowe, using the indirect method, Use the minus sign to indicate cash outhows, cash payments, decreases in cash, or any negative edjustments. Statement of Cash flows (partial) b. Cash fows from operating activities differs from net income becouse it does not use the of accounting. For example revenues are recorded on the income statement when