Staley Inc. reported the following data: Net income $295,400 Depreciation expense 61,200 Loss on disposal of equipment 33,500 Increase in accounts receivable 13,200 Increase in accounts payable 11,900 Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.