Staley Inc. reported the following data:

Net income$453,800Depreciation expense56,300Loss on disposal of equipment22,200Increase in accounts receivable12,500Increase in accounts payable11,700

Prepare the Cash Flows from Operating Activities section of thestatement 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.

Staley Inc.Statement of Cash Flows (partial)Cash flows from operating activities:Net income

$

fill in the blank 2

Adjustments to reconcile net income to net cash flow from operating activities:Depreciation

fill in the blank 4

Loss on disposal of equipment

fill in the blank 6

Changes in current operating assets and liabilities:Increase in accounts receivable

fill in the blank 8

Increase in accounts payable

fill in the blank 10

Net cash flow from operating activities$

fill in the blank 11