Speedy Industries began 2018 with accounts receivable, inventory, and prepaid expenses totaling $47,000 and its total current liabilities totaling $34,000. At the end of the year, these same current assets totaled $45,000, while its total current liabilities totaled $38,000. Net income for the year was $21,000. Included in net income were a $2,000 gain on the sale of land and depreciation expense of $8,000. Show how Speedy 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 Gain on sale of land Decrease in accounts receivable, inventory, and prepaid expenses Increase in current liabilities Net cash provided by (used for) operating activities Y

deproclabion expense of $8,000. net decrealie in cash.)