Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cast decreases in cash, or any negative adjustments Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Loss on disposal of equipment Changes in current operating assets and liabilities: Increase in accounts receivable Increase in accounts payable I II 0 Net cash flow from operating activities o Feedback Check My Work Consider the effect that each item has on cash. Would the transaction have affected cash at all? How would the increase or decrease in cutre liabilities affect cash2 CANO WA Mwing ebook * Show Me How Land Transactions on the statement of Cho Iz Corporation purchased and for 500,000 Liter the year, the company old different plant with a book value $250.000.000 How are the elects of the transactions reported on the statement of cheming the Indirect methods used them to indications, sash Bayments, decrease in cash and for any adjustments if requed. It a trascotas entest the statement och for the top down menu wave the amount box blank Transactions Action Amon Gain ons le of land Defected from net income Cash received from sale of land part of cash lows from investing activities Cashpond for purchase of Carta.cash flows from the operty, plant, comentare considered current col the define www or los have on the most Chu My Work