Statement of Cash Flows?Indirect Method The comparative balance sheet of Mills Engine Co. at December 31, 2014 and 2013, is as follows: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash and for any adjustments, if required. Statement of Cash Flows?Indirect Method The comparative balance sheet of Mills Engine Co. at December 31, 2014 and 2013, is as follows: Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash out flows, cash payments, decreases in cash and for any adjustments, if required