Staley Inc. reported the following data: Net income $448,200 Depreciation expense 67,400 Loss on disposal of equipment 39,100 Increase in accounts receivable 16,200 Increase in accounts payable 10,300 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.