S11-4 (similar to) D Assigned Media Question Help Scenic Industries began 2018 with accounts receivable, inventory, and prepaid expenses totaling $52,000 and its total current liabilities totaling $39,000. At the end of the year, these same current assets totaled $50,000, while its total current liabilities totaled $50,000. Net income for the year was $88,000. Included in net income were a $4.000 gain on the sale of land and depreciation expense of $5,000. Show how Scenic should report cash flows from operating activities for 2018. The company uses the indirect method. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash provided by used for) operating activities: Depreciation Net cash provided by used for) operating activities