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Skysong Company reported net income of $240,000 for the current year. Depreciation recorded on buildings and equipment amounted to $80,000 for the year. Dalances of

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Skysong Company reported net income of $240,000 for the current year. Depreciation recorded on buildings and equipment amounted to $80,000 for the year. Dalances of the current asset and current liability accounts at the beginning and end of the year are as follows: Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method, (Show amounts that decrease cosh flow with either a-sign eg. 15,000 or in parenthesis es. (15,000)

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