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Staley Inc. reported the following data:Line Item DescriptionAmountNet income$ 3 2 1 , 0 0 0 Depreciation expense 5 8 , 1 0 0 Loss

Staley Inc. reported the following data:Line Item DescriptionAmountNet income$321,000Depreciation expense58,100Loss on disposal of equipment25,200Increase in accounts receivable25,900Increase in accounts payable12,800Prepare the "Cash flows from (used for) 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.

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