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Prepare the operating activities section of the 2 0 2 4 statement of cash flows. Exercise 4-17 (Algo) Statement of cash flows; indirect method [L04-8]

Prepare the operating activities section of the 2024 statement of cash flows.
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Exercise 4-17 (Algo) Statement of cash flows; indirect method [L04-8] Cemptex Corporation prepares its statement of cash flows using the indirect method to report operating activities. Net income for the 2024 fiscal year was $719,000. Depreciation and amortization expense of $86,000 was included with operating expenses in the income statement. The following information describes the changes in current assets and liabilities other than cash: $ 41, 11, 10 , 11,900 17 , Decrease in receivable Increase in Increase in expenses Increase in payable Decrease in payable Required: accounts inventory prepaid sala ries income taxes Prepare the operating activities section of the 2024 statement of cash flows. Note: Amounts to be deducted should be indicated with a minus sign. Cash flows fromo ratin activities: Ad'ustments for noncash effects: Changes in operating assets and liabilities: Net cash flows from o ratin activities

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