Suppose your company reports $220 of net income and $52 of cash dividends paid, and its comparative balance sheet indicates the following Requiredi 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Suppose your company reports $220 of net income and $52 of cash dividends paid, and its comparative balance sheet indicates the following Requiredi 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)