Starlight Corp. summarized the following information for the year ended December 31. Cash dividends paid $1,440 Decrease in accounts receivable 1,920 Decrease in notes payable 16,000 Depreciation expense 5,760 Increase in accounts payable 960 Increase in merchandise inventory 2,560 Loss on sale of equipment 4,800 Proceeds from sale of equipment 14,400 Required Prepare the cash flow from operating activities section using the indirect method. The company's net income for the year ended December 31 was $16,320. Note: If a label is not part of the operating activities section, leave the answer blank or enter a zero. Cash flows from operating activities Net income Adjustments: Cash dividends paid Decrease in accounts receivable. Decrease in notes payable Depreciation expense Increase in accounts payable Increase in merchandise inventory Loss on sale of equipment Proceeds from sale of equipment Net cash provided by operating activities $ Check