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 o minus sign.) Cash flows from Operating Activities Indirect Method Income Statement Direct Method Sales Gain on sale of equipment Net income Adjustments $300 Decrease in accounts receivable 24 Gain on sale of equipment Increase in inventory Increase in accounts payablo (42) 19) Depreciation expense Decrease in bond discount (21) Decrease in prepaid insurance 16) Loss on sale of land (22) Increase in income tax payable Net cash flows from operating activities (174) (36) Cost of goods sold Salaries expense Deprecation exponse interest opense Insurance expense Loss on sain of land Income tax expense Net Income 6 Cash received from customers (24)(Not reported.no cash effect) (12) 18 Cash paid to suppliers 6 Cash paid to employees 9 Cash paid for depreciation 3 Cash paid for interest Cash paid for insurance 6 (Not reported-no cash effect) Cash paid for income taxes 54 Net cash flows from operating activities (9) (21) 54 $ $