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. Requlrec Complete the schedule by determining each of the following missing elements: (Amounts to be dedueted should be Indlcated with a mlnus sign.) flows ctivities Indirect Method Direct Method Net income Sales S 432 Decrease in accounts receivable 18 Cash received from customers (36) (Not reported-o cash effect) (24) Gain on sale of equipment 3 Gain on sale of equipment Increase in inventory Increase in accounts payable Cost of goods sold Salaries expense Depreciation expense Interest expense Insurance expense Loss on sale of land Income tax expense Net Income 30 Cash paid to suppliers 18 Cash paid to employees 21 Cash paid for depreciation (186) (48) (86) (21) Depreciation expense (21) Decrease in bond discount 8 Cash paid for interest 21 Cash paid for insurance 18 (Not (45) Decrease in prepaid insurance (18) Loss on sale of land (51) Increase in income tax payable o cash effect) Cash paid for income taxes (33) S 138 Net cash flows from operating activities S 138 Net cash flows from operating activities