The following data are taken from the income statement and balance sheet of Keaner Machinery, Inc., Dec. 31, 2011 Jan. 1, 2011 Income statement: Net Income .. $385,000 Depreciation Expense 125,000 Amortization of Intangible Assets . 40,000 Gain on Sale of Plant Assets .. 90,000 Loss on Sale of Investments .. 35,000 Balance Sheet Accounts Receivable $335,000 $380,000 Inventory . 503,000 575,000 Prepaid Expenses .. 22,000 10,000 Accounts Payable (to merchandise suppliers) .... 379,000 410,000 Accrued Expenses Payable .. 180,000 155,000 Using this information, prepare a partial statement of cash flows for the year ended December 31, 2011, showing the computation of net cash flows from operating activities by the indirect method