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 S Sales Gain on sale of equipment 23 Cash received from customers (41)(Not reported no cash effect) 229) Cost of goods sold Salaries exponse Adjustments 487 Decrease in accounts receivable 41 Gain on sale of equipment Increase in inventory Increase in accounts payable (70)| (26) Depreciation expenso Decrease in bond discount (55) Decrease in prepaid insurance (23) Loss on sale of land (61) Increase in income tax payable Net cash flows from operating activities Depreciation expense Interest expense Insurance expense Loss on sale of land Income tax expense 35 Cash paid to suppliers 23 Cash paid to employees 26 Cash paid for depreciation Cash paid for interest 26 Cash paid for insurance 23 (Not reported no cash effect) Cash and for income ances 173 Net cash flows from operating activities Net Income S S 173