The following schedule relates the income statement with cash flows from operating activities, derived by both the direct and indirect methods. Some elements necessary to complete the schedule are missing. Required: Complete the schedule by determining each of the following missing elements: (Amounts to be deducted should be indicated with a minus sign.) Income Statement Sales Gain on sale of equipment (24) Cost of goods sold Salaries expense Depreciation expense Cash flows from Operating Activities Indirect Metho Direct Method Net income Adjustments: 432 Decrease in accounts receivable 18 Cash received from customers 36 | Gain on sale of equipment (36) (Not reported no cash effect) Increase in Inventory Increase in accounts payable 30 Cash paid to suppliers (66) 18 Cash paid to employees (21) Depreciation expense 21 Cash paid for depreciation Decrease in bond discount & Cash paid for interest (45) Decrease in prepaid insurance 21 Cash paid iniurance (18) Loss on sale of land 18 (Not reported no cash effect) (51) Increase in income tax payable Cash paid for income taxes 267 Net cash flows from operating activities S 138 Net cash flows from operating activities Interest expense Insurance expense Loss on sale of land Income tax expense $