QS 16-3 Indirect: Computing cash flows from operations LO P2 Bryant Co. reports net income of $23,200. For the year, depreciation expense is $10,200 and the company reports a gain of $6,200 from sale of machinery. It also had a $5,200 loss from retirement of notes. Compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash S