Use the indirect method to prepare the operating activities section of its statement

Salud Company reports the following information Selected Annual Income Statement Data Selected Year-End Balance Sheet Data Net income Depreciation expense Gain on sale of machinery $480,000 Accounts receivable increase $47,600 Prepaid expenses decrease Accounts payable increase Wages payable decrease 94,500 23,600 12,600 8,600 3,000 Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31. (Amounts to be deducted should be indicated witha minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to operating cash flow 0