The net income reported on the income statement for the current year was $122,400. Depreciation recorded on store equipment for the year amounted to $20,200. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End of Year Beginning of Year Cash $48,720 $44,340 Accounts receivable (net) 34,930 32,770 Merchandise inventory 47,700 49,880 Prepaid expenses 5,360 4,210 Accounts payable (merchandise creditors) 45,650 41,950 Wages payable 24,940 27,400 Question Content Area a. Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. blank Statement of Cash Flows (partial) blank Cash flows from operating activities: $- Select - Adjustments to reconcile net income to net cash flows from (used for) operating activities: - Select - Changes in current operating assets and liabilities: - Select - - Select - - Select - - Select - - Select - Net cash flow from operating activities $fill in the blank 65bf13ffe02f028_15 Question Content Area b. Cash flows from operating activities differ from net income because it does not use the of accounting. For example revenues are recorded on the income statement when .