The net income reported on the income statement for the current year was $127,400. Depreciation recorded on store equipment for the year amounted to $21,000. 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 $51,850 $47,180 Accounts receivable (net) 37,180 34,870 Merchandise inventory 50,760 53,060 Prepaid expenses 5,700 4,480 Accounts payable (merchandise creditors) 48,500 1 44,630 Wages payable 26,550 29,160 a. Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash nows, using the indirect method, Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments Statement of Cash Flows (partial) Cash Bows from operating activities Adjustments to reconcile net income to net cash nows from (used for) operating activities 00