The net income reported on the income statement for the current year was $222,000. Depreciation recorded on equipment and a building amounted to $98,400 for the year, Balances of the current asset and current liabuity accounts at the beginning and end of the year are as follows: a. Prepare the "Cash fows from (used for) operating activities" section of the statement of cash fows, using the indirect method. Use the minus sign to indicate cash outhows, cash payments, decreases ia cash, or any negative adjustments. Statement of Cash Flows (partial) Line Item Description Cash flows from (used for) operating activities: Net income Adjustments to reconcile net income to net cash flows from (used for) operating activities: Depreciation Changes in current operating assets and liabilities: Decrease in accounts receivable Increase in inventories Decrease in prepaid expenses Decrease in accounts payable Increase in salaries payable Net cash flows from operating activities Feedback