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.)

Cash flows from Operating Activities Indirect Method Income Statement Direct Method Net income Adjustments: Sales $ 399 Decrease in accounts receivable 15 Cash received from customers Gain on sale of equipment Cost of goods sold 33 Gain on sale of equipment Increase in inventory Increase in accounts payable (60) (18) Depreciation expense Decrease in bond discount (183) (45) Salaries expense Depreciation expense (33) (Not reportedno cash effect) (21) 27 Cash paid to suppliers 15 Cash paid to employees 18 Cash paid for depreciation 5 Cash paid for interest 18 Cash paid for insurance 15 (Not reportedno cash effect) Cash paid for income taxes 117 Net cash flows from operating activities Interest expense (18) Insurance expense Loss on sale of land (39) Decrease in prepaid insurance (15) Loss on sale of land (45) Increase in income tax payable Net cash flows from operating activities Income tax expense (30) 117 Net Income $ $